Plan Snapshot
- Plan Sponsor: Northeast District Council Of The Opcmia Welfare Fund
- Sponsor EIN: 131567895
- Sponsor Address: 1406 BLONDELL AVE, 2ND FLOOR, BRONX, NY, 10461
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 762
- Total Assets: $60.2M
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 | 762 | $60.2M | $17.3M | $381,653 |
| 2023 | 831 | $58.7M | $16.4M | $411,001 |
| 2022 | 873 | $57.1M | $18.3M | $434,451 |
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 |
|---|---|---|---|---|
| THOMAS DIMATTINA | Other Service Provider | $5,500 | $935,011 | $940,511 |
| FITZSIMMONS ABRAMS, LLP | Auditor | $566,014 | — | $566,014 |
| LISA PARISI | Other Service Provider | $226,742 | — | $226,742 |
| DIANE FERCHLAND | Other Service Provider | $132,366 | — | $132,366 |
| PROSKAUER ROSE LLP | Other Service Provider | $124,306 | — | $124,306 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | Other Service Provider | $100,035 | — | $100,035 |
| COLLERAN O'HARA & MILLS, LLP | Other Service Provider | $76,078 | — | $76,078 |
| ULLICO INVESTMENT ADVISORS INC | Other Service Provider | $55,574 | — | $55,574 |
| JBM COMPUTER CONSULTANTS, INC | Other Service Provider | $48,517 | — | $48,517 |
| REYNOLDS CONSULTING SERVICES LLC | Other Service Provider | $33,949 | — | $33,949 |
| CONGRESS ASSET MANAGEMENT CO LLP | Other Service Provider | $22,545 | $2,170 | $24,715 |
| VINCENT SCHIAPPA VPS SYSTEMS | Other Service Provider | $23,197 | — | $23,197 |
| FIRST ACTUARIAL CONSULTING, INC | Other Service Provider | $15,000 | — | $15,000 |
| HORIZON ACTUARIAL SERVICES LLC | Other Service Provider | $15,000 | — | $15,000 |
| POLEN CAPITAL MANAGEMENT | Other Service Provider | $12,577 | — | $12,577 |
| AMALGAMATED BANK | Other Service Provider | $8,671 | $253 | $8,924 |
| BRADY MCGUIRE STIENBERG P.C. | Other Service Provider | $8,742 | — | $8,742 |
| STEPHEN F. O'BEIRNE ESQ | Other Service Provider | $7,562 | — | $7,562 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FITZSIMMONS ABRAMS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,419,809
- Estimated Expense Ratio: 4.022% 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 | $1,126,684 | $298,105 | — | $44,700 | — |
| 2023 | $1,123,494 | $303,358 | — | $44,700 | — |
| 2022 | $1,125,636 | $250,902 | — | — | $519,256 |