Plan Snapshot
- Plan Sponsor: Local 22 Health Fund
- Sponsor EIN: 131805529
- Sponsor Address: 420 W MERRICK ROAD, VALLEY STREAM, NY, 11580
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,172
- Total Assets: $26.5M
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 | 2,172 | $26.5M | $15.7M | $117,555 |
| 2023 | 2,179 | $21.8M | $10.9M | $6,549 |
| 2022 | 2,673 | $20.9M | $10.5M | $3,837 |
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 |
|---|---|---|---|---|
| EASTERN STATES BOARD | Other Service Provider | $447,905 | — | $447,905 |
| DICKINSON GROUP | Other Service Provider | $417,311 | — | $417,311 |
| ANTHEM BLUE CROSS | Other Service Provider | $302,246 | — | $302,246 |
| JOE GIOVINCO | Other Service Provider | $139,945 | — | $139,945 |
| MONICA ZAZA | Other Service Provider | $50,265 | — | $50,265 |
| ATALANTA SOSNOFF CAPITAL LLC | Other Service Provider | $47,907 | — | $47,907 |
| ANTHONY MIRANTI | Other Service Provider | $45,939 | — | $45,939 |
| D.D. SERVICES INC. | Other Service Provider | $42,480 | — | $42,480 |
| BARNES, IACCARINO & SHEPHERD LLP | Other Service Provider | $40,020 | — | $40,020 |
| NICOLE JEAN-CHARLES | Other Service Provider | $31,516 | — | $31,516 |
| BRYAN C. MCCARTHY | Other Service Provider | $19,643 | — | $19,643 |
| BANK OF AMERICA NA | Other Service Provider | $10,204 | — | $10,204 |
| QUAN-VEST CONSULTANTS, INC. | Other Service Provider | $9,996 | — | $9,996 |
| WEAVER AND TIDWELL, L.L.P. | Auditor | $9,099 | — | $9,099 |
| LAWRENCE S. FISCHER, CPA | Other Service Provider | $7,200 | — | $7,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,621,676
- Estimated Expense Ratio: 6.128% 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 | $710,939 | $57,903 | — | $9,099 | — |
| 2023 | $992,382 | $49,675 | — | $46,500 | — |
| 2022 | $824,786 | $73,071 | — | — | $146,392 |