Plan Snapshot
- Plan Sponsor: New York Oil Heating Insurance Fund
- Sponsor EIN: 135668120
- Sponsor Address: 200 PARKWAY DRIVE SOUTH,, HAUPPAUGE, NY, 11788
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 308
- Total Assets: $6.3M
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 | 308 | $6.3M | $108,979 | $0 |
| 2023 | 359 | $6.2M | $140,273 | $0 |
| 2022 | 480 | $6.4M | $187,973 | $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 |
|---|---|---|---|---|
| PABON FINANCIAL SERVICES, LLC | Other Service Provider | $64,800 | — | $64,800 |
| MORGAN STANLEY SMITH BARNEY, LLC | Other Service Provider | $51,700 | — | $51,700 |
| WEAVER AND TIDWELL, LLP | Auditor | $37,000 | — | $37,000 |
| PROSKAUER ROSE, LLP | Other Service Provider | $20,103 | — | $20,103 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $173,603
- Estimated Expense Ratio: 2.752% 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 | $217,571 | $51,700 | — | $37,000 | — |
| 2023 | $217,647 | $38,585 | — | $37,000 | — |
| 2022 | $231,215 | $42,218 | — | — | $137,364 |