Plan Snapshot
- Plan Sponsor: New York State Teamsters Council United Parcel Service Retiree Health
- Sponsor EIN: 464111565
- Sponsor Address: 151 NORTHERN CONCOURSE, SYRACUSE, NY, 13221
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 649
- Total Assets: $26.1M
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 | 649 | $26.1M | $9.2M | $2.3M |
| 2023 | 530 | $23.3M | $7.3M | $1.5M |
| 2022 | 451 | $21.5M | $0 | $1.4M |
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 |
|---|---|---|---|---|
| EXCELLUS BLUECROSS BLUESHIELD | Other Service Provider | $269,912 | — | $269,912 |
| ONE GROUP NY INC. | Other Service Provider | $35,579 | — | $35,579 |
| MEKETA INVESTMENT GROUP | Other Service Provider | $31,500 | — | $31,500 |
| GALLAGHER BENEFIT SERVICES | Other Service Provider | $30,600 | — | $30,600 |
| COHEN, WEISS AND SIMON | Other Service Provider | $18,907 | — | $18,907 |
| MORGAN, LEWIS & BOCKIUS, LLP | ERISA Attorney | $9,350 | — | $9,350 |
| D'ARCANGELO & CO., LLP | Other Service Provider | $9,000 | — | $9,000 |
| LOOMIS SAYLES & COMPANY | Other Service Provider | $7,845 | — | $7,845 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN, LEWIS & BOCKIUS, LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $412,693
- Estimated Expense Ratio: 1.581% 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 | $676,230 | $50,297 | $414,150 | $9,000 | — |
| 2023 | $734,651 | $55,704 | $371,512 | $8,000 | — |
| 2022 | $559,847 | $64,272 | $256,893 | — | $105,280 |