Plan Snapshot
- Plan Sponsor: Plumbers Local Union No. 200 Welfare Fund Board Of Trustees
- Sponsor EIN: 113124836
- Sponsor Address: 2121 5TH AVENUE, RONKONKOMA, NY, 11779
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 584
- Total Assets: $70.3M
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 | 584 | $70.3M | $19.8M | $276,203 |
| 2023 | 583 | $57.9M | $17.9M | $278,137 |
| 2022 | 629 | $48.1M | $19.1M | $324,395 |
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 | $177,775 | $15,893 | $193,668 |
| MATTHEW PARSON | Other Service Provider | $158,719 | — | $158,719 |
| ARCHER, BYINGTON, GLENNON & LEVINE | Other Service Provider | $150,699 | — | $150,699 |
| ROBERT SIACHITANO | Other Service Provider | $137,258 | — | $137,258 |
| DOLORES BLAKE | Other Service Provider | $132,423 | — | $132,423 |
| VALERIE ZABIELSKI | Other Service Provider | $59,386 | — | $59,386 |
| MICHELE BUSA | Other Service Provider | $59,339 | — | $59,339 |
| KMR SYSTEMS CORP | Other Service Provider | $49,398 | — | $49,398 |
| ATALANTA SOSNOFF | Other Service Provider | $46,438 | — | $46,438 |
| GUARDIAN LIFE | Recordkeeper | $27,812 | — | $27,812 |
| SUMMIT ACTUARIAL SERVICES, LLC | Other Service Provider | $25,750 | — | $25,750 |
| EXPRESS SCRIPTS | Other Service Provider | $23,636 | — | $23,636 |
| CITRIN COOPERMAN & COMPANY LLP | Other Service Provider | $17,439 | — | $17,439 |
| QUAN-VEST CONSULTING | Other Service Provider | $15,491 | — | $15,491 |
| RICHARD SCHAFFER | Other Service Provider | $6,316 | — | $6,316 |
| BANK OF AMERICA | Other Service Provider | $5,817 | — | $5,817 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GUARDIAN LIFE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,109,589
- Estimated Expense Ratio: 1.579% 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 | $697,364 | $67,746 | — | $13,953 | — |
| 2023 | $616,702 | $45,830 | — | $21,031 | — |
| 2022 | $640,530 | $42,074 | — | — | $175,416 |