Plan Snapshot
- Plan Sponsor: Rochester Area Construction And Materials Health And Welfare Fund
- Sponsor EIN: 160962644
- Sponsor Address: 130 METRO PARK, ROCHESTER, NY, 146232610
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,359
- Total Assets: $8.2M
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 | 1,359 | $8.2M | $5.2M | $629,944 |
| 2023 | 1,355 | $7.8M | $5.6M | $660,156 |
| 2022 | 1,383 | $7.2M | $5.8M | $661,722 |
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 |
|---|---|---|---|---|
| KRIS WILLIAMSON | Other Service Provider | $67,392 | — | $67,392 |
| KARPUS INVESTMENT MANAGEMENT | Other Service Provider | $55,739 | — | $55,739 |
| STOKES,VISCA,HUCKO & BARONE CPA,LLC | Auditor | $20,582 | — | $20,582 |
| MOYER AND ASSOCIATES PC | ERISA Attorney | $17,546 | — | $17,546 |
| ONE DIGITAL INVESTMENT ADVISORS,LLC | Other Service Provider | $15,000 | — | $15,000 |
| BLITMAN AND KING | ERISA Attorney | $10,786 | — | $10,786 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $187,045
- Estimated Expense Ratio: 2.277% 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 | $445,918 | $54,219 | — | $21,082 | — |
| 2023 | $469,631 | $56,047 | — | $20,569 | — |
| 2022 | $431,171 | $52,249 | — | — | $144,961 |