# Plumbers Local Union No. 1 Welfare Fund 401(k) Plan Source: https://planprovider.pro/companies/plumbers-local-union-no-1-welfare-fund-111538293-503 > Plumbers Local Union No. 1 Welfare Fund's 401(k) plan: 2,647 participants, plan year 2024 financials, providers, and benchmarks from Form 5500. Form 5500 filing data for plan year 2024. ## Plan Snapshot - **Plan Sponsor:** Plumbers Local Union No. 1 Welfare Fund - **Sponsor EIN:** 111538293 - **Sponsor Address:** 50-02 5TH STREET, 2ND FLOOR, LONG ISLAND CITY, NY, 11101 - **Plan Type:** 401(k) - **Plan Number:** 503 - **Total Participants:** 2,647 - **Total Assets:** $350.6M ## 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|2,647|$350.6M|$90.6M|$921,434| | 2023|2,782|$324.3M|$89.3M|$2.0M| | 2022|2,938|$289.0M|$91.6M|$566,181| ## 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 HEALTHCHOICE ASSURANCE INC|Other Service Provider|$1,915,850|—|$1,915,850| | THE SEGAL GROUP|Other Service Provider|$235,548|—|$235,548| | WENDY SALVATIERRA|Other Service Provider|$201,023|—|$201,023| | WALTER SARACENI|Other Service Provider|$177,788|—|$177,788| | GLORIA MATERON|Other Service Provider|$173,544|—|$173,544| | VIRGINIA & AMBINDER, LLP|Other Service Provider|$165,665|—|$165,665| | GARY MONTEMARANO JR.|Other Service Provider|$155,162|—|$155,162| | SCHULTHEIS & PANETTIERI LLP|Auditor|$152,738|—|$152,738| | UNITED BEHAVIORAL HEALTH|Other Service Provider|$139,534|—|$139,534| | O'DONOGHUE & O'DONOGHUE LLP|Other Service Provider|$120,811|—|$120,811| | LINDA SCARPA|Other Service Provider|$118,267|—|$118,267| | MARIA FROGIERO|Other Service Provider|$110,728|—|$110,728| | ANAPA TRISTA GEORGE-CUMMINGS|Other Service Provider|$99,596|—|$99,596| | ROSA BERTOLINI|Other Service Provider|$98,375|—|$98,375| | ERICKA SIMPSON|Other Service Provider|$98,215|—|$98,215| | LAURIE KILLIEBREW|Other Service Provider|$95,511|—|$95,511| | DIANA PETRACCIONE|Other Service Provider|$94,893|—|$94,893| | MALKIA MCLUNE|Other Service Provider|$91,327|—|$91,327| | CIGNA HEALTH & LIFE INSURANCE CO.|Other Service Provider|$89,991|—|$89,991| | KATHLEEN SCARPA|Other Service Provider|$86,244|—|$86,244| | BETSEY PADGETT|Other Service Provider|$82,565|—|$82,565| | SAMANTHA TABALA|Other Service Provider|$81,242|—|$81,242| | MEKETA INVESTMENT GROUP|Other Service Provider|$73,333|—|$73,333| | BANK OF NEW YORK MELLON|Other Service Provider|$67,748|—|$67,748| | STATE STREET GLOBAL ADVISORS TRUST|Other Service Provider|$60,535|—|$60,535| | NOVAK FRANCELLA LLC|Auditor|$56,717|—|$56,717| | KAUFF MCGUIRE & MARGOLIS LLP|Other Service Provider|$55,251|—|$55,251| | ATALANTA SOSNOFF CAPITAL LLC|Other Service Provider|$51,531|—|$51,531| | ROBERTO MARTINEZ|Other Service Provider|$49,048|—|$49,048| | YASMEEN MUSTAFA|Other Service Provider|$44,854|—|$44,854| | PREMIER TECHNOLOGY SOLUTIONS, INC.|Other Service Provider|$43,870|—|$43,870| | BRIDGEWAY BENEFIT TECHNOLOGIES, LLC|Other Service Provider|$39,564|—|$39,564| | BRITNEY WATSON|Other Service Provider|$36,970|—|$36,970| | UNION LABOR LIFE INSURANCE COMPANY|Recordkeeper|$21,350|—|$21,350| | SEGAL SELECT INSURANCE SERVICES INC|Other Service Provider|—|$7,590|$7,590| ### Verified Provider Profiles Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro: - [SCHULTHEIS & PANETTIERI LLP](https://planprovider.pro/provider/schultheis-and-panettieri-llp) — Auditor - [NOVAK FRANCELLA LLC](https://planprovider.pro/provider/novak-francella-llc) — Auditor - [UNION LABOR LIFE INSURANCE COMPANY](https://planprovider.pro/provider/the-vanguard-group-inc) — Recordkeeper ## Plan Fees & Expenses Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings. - **Total Service Provider Fees:** $5,192,978 - **Estimated Expense Ratio:** 1.481% 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|$3,854,136|$208,249|—|$56,717|—| | 2023|$3,487,267|$189,771|—|$71,649|—| | 2022|$3,492,517|$240,389|—|—|$1,305,709| ## Similar Plans - [Plumbers Local Union No. 1 Employee 401(K) Savings Plan](https://planprovider.pro/companies/plumbers-local-union-no-1-employee-401-k-savings-plan-plan) — 5,887 participants - [Board Of Trustees Steamfitters' Industry Supplemental Retirement](https://planprovider.pro/companies/board-of-trustees-steamfitters-industry-supplemental-retirement-plan) — 3,555 participants - [Metal Trades Branch Local 638 Pension Fund](https://planprovider.pro/companies/metal-trades-branch-local-638-pension-fund-plan) — 3,333 participants - [Steamfitters Industry Security Benefit Fund Board Of Trustees](https://planprovider.pro/companies/steamfitters-industry-security-benefit-fund-board-of-trustees-136149681-504) — 3,281 participants - [Steamfitters Industry Welfare Fund Board Of Trustees](https://planprovider.pro/companies/steamfitters-industry-welfare-fund-board-of-trustees-131545680-502) — 2,208 participants - [Plumbers & Steamfitters Local 21](https://planprovider.pro/companies/plumbers-steamfitters-local-21-plan) — 2,073 participants [View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/plumbers-local-union-no-1-welfare-fund-111538293-503) © 2026 PlanProvider.Pro