# Massachusetts Employers/Seiu Local 888 Trust Fund Health & Welfare Plan
Source: https://planprovider.pro/companies/massachusetts-employers-seiu-local-888-trust-fund-043240891-501

> Massachusetts Employers/Seiu Local 888 Trust Fund's Health & Welfare plan: 477 participants, plan year 2024 financials, providers, and benchmarks from Form 5…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Massachusetts Employers/Seiu Local 888 Trust Fund

- **Sponsor EIN:** 043240891

- **Sponsor Address:** 25 BRAINTREE HILL OFFICE PK, BRAINTREE, MA, 02184

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 477

- **Total Assets:** $4.6M

## 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.|

| 2024|477|$4.6M|$3.1M|$167,327|

| 2023|461|$4.4M|$2.8M|$143,203|

| 2022|465|$4.1M|$2.9M|$116,464|

## 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|

| SEIU LOCAL 888|Other Service Provider|$127,890|—|$127,890|

| BLUE CROSS BLUE SHIELD OF MASS|Other Service Provider|$26,455|—|$26,455|

| F L PUTNAM|Investment Advisor|$18,249|—|$18,249|

| MANZI & ASSOCIATES LLC|Other Service Provider|$15,000|—|$15,000|

| O'BRIEN, RILEY & RYAN PC|Other Service Provider|$13,855|—|$13,855|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $201,449

- **Estimated Expense Ratio:** 4.345% 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|$225,634|$18,249|$29,578|$15,000|—|

| 2023|$217,315|$15,976|$30,042|$15,000|—|

| 2022|$220,607|$16,173|$34,987|—|$30,450|

## Similar Plans

- [The Charles Stark Draper Laboratory, INC.](https://planprovider.pro/companies/the-charles-stark-draper-laboratory-inc-403b-plan) — 3,751 participants

- [Justice Resource Institute](https://planprovider.pro/companies/justice-resource-institute-401k-plan) — 3,007 participants

- [Ultra Electronics INC.](https://planprovider.pro/companies/ultra-electronics-inc-401k-plan) — 2,626 participants

- [The Charles Stark Draper Laboratory, INC.](https://planprovider.pro/companies/the-charles-stark-draper-laboratory-403b-plan) — 2,451 participants

- [Justice Resource Institute, INC.](https://planprovider.pro/companies/justice-resource-institute-inc-plan-004) — 1,921 participants

- [Chelsea Jewish Lifecare, INC.](https://planprovider.pro/companies/chelsea-jewish-lifecare-inc-403b-plan) — 1,779 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/massachusetts-employers-seiu-local-888-trust-fund-043240891-501)

© 2026 PlanProvider.Pro