Plan Snapshot
- Plan Sponsor: Rochester Police Benevolent Association
- Sponsor EIN: 160866078
- Sponsor Address: 1425 LEXINGTON AVENUE, ROCHESTER, NY, 14606
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 587
- Total Assets: $27.3M
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 | 587 | $27.3M | $0 | $103,477 |
| 2023 | 605 | $27.1M | $0 | $106,846 |
| 2022 | 604 | $24.5M | $0 | $92,430 |
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 |
|---|---|---|---|---|
| CANANDAIGUA NATIONAL BANK | Other Service Provider | $84,190 | — | $84,190 |
| BANK OF AMERICA | Other Service Provider | $73,082 | — | $73,082 |
| BONADIO & CO., LLP | Auditor | $14,000 | — | $14,000 |
| MICHAEL VANROO | Recordkeeper | $7,599 | — | $7,599 |
| JOHN PREWASNICAK | Recordkeeper | $6,599 | — | $6,599 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO., LLP — Auditor
- MICHAEL VANROO — Recordkeeper
- JOHN PREWASNICAK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $185,470
- Estimated Expense Ratio: 0.678% 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 | $204,142 | $157,272 | — | $14,000 | — |
| 2023 | $190,730 | $144,234 | — | $14,000 | — |
| 2022 | $209,669 | $142,171 | — | — | $26,905 |