# Local 2, Building Service Employees & Factory Workers,Uswu-Iujat Health & Welfare Plan
Source: https://planprovider.pro/companies/local-2-building-service-employees-factory-workers-uswu-iujat-111831226-501

> Local 2, Building Service Employees & Factory Workers,Uswu-Iujat's Health & Welfare plan: 271 participants, plan year 2024 financials, providers, and benchma…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Local 2, Building Service Employees & Factory Workers,Uswu-Iujat

- **Sponsor EIN:** 111831226

- **Sponsor Address:** 82-01 ROCKAWAY BLVD. SUITE 130, OZONE PARK, NY, 11416

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 271

- **Total Assets:** $28.1M

## 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.|

| 2024|271|$28.1M|$6.4M|$0|

| 2023|267|$23.9M|$6.0M|$0|

| 2022|278|$19.8M|$5.8M|$0|

## 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|

| MARY CLANTON|Other Service Provider|$183,346|—|$183,346|

| LEADING EDGE ADMINSTRATORS|Other Service Provider|$144,728|—|$144,728|

| RAYMOND JAMES FINANCIALS|Investment Advisor|$73,919|—|$73,919|

| SHAHIDAH CLANTON|Other Service Provider|$72,252|—|$72,252|

| BARNES, IACCARINO & SHEPHERD, LLP|Other Service Provider|$30,000|—|$30,000|

| NOVAK FRANCELLA, LLC|Auditor|$18,500|—|$18,500|

| GARY ROTHMAN|Other Service Provider|$18,000|—|$18,000|

| MINSKY & COTTONE, CPAS, PC|Other Service Provider|$15,600|—|$15,600|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [RAYMOND JAMES FINANCIALS](https://planprovider.pro/provider/raymond-james-financial-inc) — Investment Advisor

- [NOVAK FRANCELLA, LLC](https://planprovider.pro/provider/novak-francella-llc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $556,345

- **Estimated Expense Ratio:** 1.977% 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|

| 2024|$542,849|$73,919|—|$18,500|—|

| 2023|$546,744|$56,162|—|$34,100|—|

| 2022|$503,957|$53,232|—|—|$80,600|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/local-2-building-service-employees-factory-workers-uswu-iujat-111831226-501)

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