Plan Snapshot
- Plan Sponsor: Plumbers Local Union No. 200 Additional Secutity Benefits Fund
- Sponsor EIN: 116037700
- Sponsor Address: 2121 5TH AVENUE, RONKONKOMA, NY, 11779
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 714
- Total Assets: $5.3M
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 | 714 | $5.3M | $632,237 | $0 |
| 2023 | 729 | $4.7M | $593,078 | $0 |
| 2022 | 733 | $4.4M | $630,330 | $0 |
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 |
|---|---|---|---|---|
| PLU NO. 200 WELFARE FUND | Other Service Provider | $59,989 | — | $59,989 |
| COLUMBIA MANAGEMENT | Other Service Provider | $8,613 | $8,864 | $17,477 |
| KMR SYSTEMS | Other Service Provider | $9,467 | — | $9,467 |
| CITRIN COOPERMAN & COMPANY LLP | Other Service Provider | $8,419 | — | $8,419 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,352
- Estimated Expense Ratio: 1.812% 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 | $99,118 | $14,293 | — | $6,739 | — |
| 2023 | $98,955 | $15,408 | — | $8,266 | — |
| 2022 | $95,829 | $14,143 | — | — | $9,665 |