Plan Snapshot
- Plan Sponsor: Local 1102 Health & Benefit Fund
- Sponsor EIN: 131768188
- Sponsor Address: 311 CROSSWAYS PARK DRIVE, WOODBURY, NY, 11797
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,577
- Total Assets: $191.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 2,577 | $191.6M | $0 | $0 |
| 2024 | 2,753 | $173.7M | $25.4M | $0 |
| 2023 | 2,610 | $154.7M | $27.8M | $71,484 |
| 2022 | 2,786 | $129.4M | $26.5M | $168,774 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LOCAL 1102 RETIREMENT TRUST | Other Service Provider | $918,296 | — | $918,296 |
| LOCAL 1102 RWDSU | Other Service Provider | $784,289 | — | $784,289 |
| HUDSON CANYON CAPITAL MANAGEMENT LL | Other Service Provider | $381,497 | — | $381,497 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $315,143 | — | $315,143 |
| MAGNACARE ADMINISTRATIVE SERVICES | Other Service Provider | $174,588 | — | $174,588 |
| ROTHMAN, ROCCO, LARUFFA, LLP | Other Service Provider | $122,217 | — | $122,217 |
| DD SERVICES INC | Other Service Provider | $77,268 | — | $77,268 |
| TELEDOC HEALTH INC | Other Service Provider | $57,445 | — | $57,445 |
| C.S. MCKEE | Other Service Provider | $56,220 | — | $56,220 |
| NOVAK FRANCELLA, LLC | Other Service Provider | $38,000 | — | $38,000 |
| FIRST ACTUARIAL CONSULTING, INC. | Other Service Provider | $34,500 | — | $34,500 |
| DAHAB ASSOCIATES | Other Service Provider | $24,000 | — | $24,000 |
| COMERICA | Other Service Provider | $22,438 | — | $22,438 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $20,717 | — | $20,717 |
| BMI AUDIT SERVICES | Other Service Provider | $16,310 | — | $16,310 |
| DR. JOSEPH DEVITO, MD | Other Service Provider | $12,000 | — | $12,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,054,928
- Estimated Expense Ratio: 1.594% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $31,000,425 | $484,155 | — | $54,310 | — |
| 2024 | $2,616,721 | $448,089 | — | $41,731 | — |
| 2023 | $2,811,703 | $373,091 | — | $38,648 | — |
| 2022 | $2,619,486 | $369,302 | — | — | $190,953 |