Plan Snapshot
- Plan Sponsor: Painting Industry Insurance Fund Industry
- Sponsor EIN: 135600369
- Sponsor Address: 45 WEST 14TH STREET, NEW YORK, NY, 10011
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,871
- Total Assets: $195.2M
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 | 4,871 | $195.2M | $119.0M | $811,158 |
| 2023 | 4,988 | $192.9M | $119.5M | $700,408 |
| 2022 | 5,171 | $175.2M | $110.2M | $965,043 |
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 |
|---|---|---|---|---|
| MAGNACARE | Other Service Provider | $1,102,401 | $312,726 | $1,415,127 |
| MARSHALL AND MOSS LLP | Other Service Provider | $825,945 | — | $825,945 |
| BARNES,IACCARINO & SHEPHERD LLP | Other Service Provider | $348,879 | — | $348,879 |
| THE SEGAL COMPANY INC | Other Service Provider | $310,275 | — | $310,275 |
| EMPIRX HEALTH LLC | Other Service Provider | $300,859 | — | $300,859 |
| STACY PECCHIA | Other Service Provider | $257,994 | — | $257,994 |
| BRIDGEWAY BENEFIT TEHCNOLOGIES | Other Service Provider | $250,521 | — | $250,521 |
| GALLAGHER BENEFIT SERVICES INC | Investment Advisor | $250,000 | — | $250,000 |
| AURELIA CIOCOI | Other Service Provider | $242,726 | — | $242,726 |
| ROCIO GARCIA | Other Service Provider | $193,955 | — | $193,955 |
| METROPOLITAN MANAGEMENT INC | Other Service Provider | $172,886 | — | $172,886 |
| WORKFORCE ASSISTANCE PROGRAM | Other Service Provider | — | $168,793 | $168,793 |
| KEVIN MCMENOMY | Other Service Provider | $144,763 | — | $144,763 |
| GENERAL VISION SERVICES LLC | Other Service Provider | $134,645 | — | $134,645 |
| MONICA ORTIZ | Other Service Provider | $132,121 | — | $132,121 |
| KOBGO ASSOCIATES INC | Other Service Provider | $122,977 | — | $122,977 |
| KIMBERLY LAUGHTON | Other Service Provider | $114,748 | — | $114,748 |
| ASHLEY NIEVES | Other Service Provider | $111,126 | — | $111,126 |
| CARLA PICKNEY | Other Service Provider | $110,680 | — | $110,680 |
| SALVATORE SAVARESE | Other Service Provider | $106,025 | — | $106,025 |
| LAMONA MITCHELL | Other Service Provider | $100,316 | — | $100,316 |
| ADMINSTRATIVE SERVICES ONLY INC | Other Service Provider | $95,450 | — | $95,450 |
| UHY ADVISORS NY INC | Other Service Provider | $90,950 | — | $90,950 |
| DAVIS VISION INC | Other Service Provider | $88,260 | — | $88,260 |
| STEVEN SALZMAN | Other Service Provider | $82,584 | — | $82,584 |
| ULLICO INVESTMENT ADVISORS INC | Other Service Provider | $72,567 | — | $72,567 |
| PROSKAUER ROSE LLP | Other Service Provider | $72,500 | — | $72,500 |
| MIRIAM MOGOLLON | Other Service Provider | $69,388 | — | $69,388 |
| GEORGEANNE MAMAKAS | Other Service Provider | $61,970 | — | $61,970 |
| DEBORAH HEIBISCH | Other Service Provider | $61,434 | — | $61,434 |
| NOVAK FRANCELLA LLC | Auditor | $60,546 | — | $60,546 |
| INTERCONTINENTAL REAL ESTATE | Other Service Provider | $58,836 | — | $58,836 |
| JONATHAN MOSTAFA | Other Service Provider | $53,738 | — | $53,738 |
| ERIC KATECHIS | Other Service Provider | $51,587 | — | $51,587 |
| CELESTE BALLARD | Other Service Provider | $48,170 | — | $48,170 |
| VISION SCREENING INC | Other Service Provider | $47,630 | — | $47,630 |
| WHITNEY JENKINS | Other Service Provider | $47,340 | — | $47,340 |
| FOUNDRY PARTNERS LLC | Other Service Provider | $46,367 | — | $46,367 |
| PATRICK JOSEPH | Other Service Provider | $45,469 | — | $45,469 |
| MARITZA BORBON | Other Service Provider | $40,026 | — | $40,026 |
| SEGAL SELECT INSURANCE SERVICES | Other Service Provider | — | $39,146 | $39,146 |
| AETNA | Other Service Provider | $38,952 | — | $38,952 |
| AINSWORTH INC | Other Service Provider | $37,691 | — | $37,691 |
| ASSETMARK TRUST COMPANY | Other Service Provider | $35,568 | — | $35,568 |
| ANNETTE CHEVALIER | Other Service Provider | $33,128 | — | $33,128 |
| SEBASTIAN ROMERO | Other Service Provider | $32,414 | — | $32,414 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $32,402 | — | $32,402 |
| WASTE CONNECTIONS INC | Other Service Provider | $28,294 | — | $28,294 |
| METROPOLITAN TEMPORARIES | Other Service Provider | $23,500 | — | $23,500 |
| UNI PRINTING SOLUTIONS LLC | Other Service Provider | $23,239 | — | $23,239 |
| JOHNSON CONTROLS SECURITY SOLUTIONS | Other Service Provider | $21,751 | — | $21,751 |
| ARISTOTLE CAPITAL MANAGEMENT LLC | Other Service Provider | $19,568 | — | $19,568 |
| FIFTH THIRD WEALTH ADVISORS | Other Service Provider | $17,400 | — | $17,400 |
| MACKAY SHIELDS LLC | Recordkeeper | $16,646 | — | $16,646 |
| BP ELEVATOR CO | Other Service Provider | $16,270 | — | $16,270 |
| WILMINGTON TRUST, NA | Other Service Provider | $15,576 | — | $15,576 |
| NEW YORK PLUMBING HEATING & COOLING | Other Service Provider | $14,251 | — | $14,251 |
| REYNOLDS CONSULTING SERVICES LLC | Other Service Provider | $13,100 | — | $13,100 |
| EMPOWER RETIREMENT INSURANCE AND | Other Service Provider | $12,659 | — | $12,659 |
| VOYA INVESTMENT MANAGEMENT | Other Service Provider | $9,013 | — | $9,013 |
| AMALGAMATED BANK OF NEW YORK | Other Service Provider | $7,030 | — | $7,030 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SERVICES INC — Investment Advisor
- NOVAK FRANCELLA LLC — Auditor
- MACKAY SHIELDS LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,497,771
- Estimated Expense Ratio: 3.841% 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 | $7,408,271 | $348,208 | — | $60,546 | — |
| 2023 | $7,223,976 | $330,971 | — | $56,700 | — |
| 2022 | $7,514,125 | $290,873 | — | — | $1,483,808 |