Plan Snapshot
- Plan Sponsor: Pavers & Road Builders Dc Welfare Fund
- Sponsor EIN: 135562753
- Sponsor Address: 17-20 WHITESTONE EXPRESSWAY STE 200, WHITESTONE, NY, 11357
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,663
- Total Assets: $190.3M
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 | 2,663 | $190.3M | $84.4M | $107,696 |
| 2023 | 2,194 | $173.5M | $75.2M | $114,511 |
| 2022 | 1,880 | $156.2M | $71.4M | $136,352 |
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 |
|---|---|---|---|---|
| EMPIRE BCBS | Other Service Provider | $1,142,650 | — | $1,142,650 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $365,654 | — | $365,654 |
| VIRGINIA & AMBINDER | Other Service Provider | $229,472 | — | $229,472 |
| THE SEGAL COMPANY | Other Service Provider | $176,345 | — | $176,345 |
| FERNANDO NETO | Recordkeeper | $150,860 | — | $150,860 |
| JOHN KOBEL | Recordkeeper | $139,506 | — | $139,506 |
| INTERCONTINENTAL | Other Service Provider | $138,890 | — | $138,890 |
| CYNTHIA WONG | Recordkeeper | $133,450 | — | $133,450 |
| DENISE ALIOTO | Recordkeeper | $118,574 | — | $118,574 |
| CASTIGLIA LLP | Other Service Provider | $104,565 | — | $104,565 |
| DIANNE BACCARI | Recordkeeper | $100,964 | — | $100,964 |
| ANDREA MARTINEZ | Recordkeeper | $89,574 | — | $89,574 |
| MERRILL LYNCH | Other Service Provider | $88,410 | — | $88,410 |
| AZAHARA MAYO | Recordkeeper | $81,717 | — | $81,717 |
| GORLICK, KRAVITZ & LISTHAUS | Other Service Provider | $80,708 | — | $80,708 |
| ATALANTA SOSNOFF | Other Service Provider | $77,705 | — | $77,705 |
| LSV | Other Service Provider | $64,891 | — | $64,891 |
| LORD ABBETT | Other Service Provider | $63,343 | — | $63,343 |
| KAREN PEREZ | Recordkeeper | $39,923 | — | $39,923 |
| PNC BANK | Other Service Provider | $18,939 | — | $18,939 |
| PART D ADVISORS | Other Service Provider | $18,596 | — | $18,596 |
| QUADIANT | Other Service Provider | $6,424 | — | $6,424 |
| UNION NETWORKING | Other Service Provider | $5,500 | — | $5,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FERNANDO NETO — Recordkeeper
- JOHN KOBEL — Recordkeeper
- CYNTHIA WONG — Recordkeeper
- DENISE ALIOTO — Recordkeeper
- DIANNE BACCARI — Recordkeeper
- ANDREA MARTINEZ — Recordkeeper
- AZAHARA MAYO — Recordkeeper
- KAREN PEREZ — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,436,660
- Estimated Expense Ratio: 1.806% 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 | $3,722,624 | $433,239 | $1,508,304 | $44,907 | — |
| 2023 | $3,614,576 | $421,970 | $1,529,099 | $40,826 | — |
| 2022 | $4,497,776 | $374,729 | $1,473,448 | — | $738,941 |