Plan Snapshot
- Plan Sponsor: Roofers Union Local No. 33 Insurance Fund
- Sponsor EIN: 046148460
- Sponsor Address: 53 EVANS DR, STOUGHTON, MA, 02072
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 658
- Total Assets: $9.7M
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 | 658 | $9.7M | $13.6M | $350,213 |
| 2023 | 621 | $10.3M | $13.1M | $385,478 |
| 2022 | 620 | $9.6M | $11.6M | $366,678 |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MASS, INC | Other Service Provider | $488,027 | — | $488,027 |
| ROOFERS UNION LOCAL NO. 3 ADMISTR | Other Service Provider | $155,669 | — | $155,669 |
| DELTA DENTAL | Other Service Provider | $47,107 | — | $47,107 |
| CBIZ BENEFITS & INSURANCE SERVICE | Other Service Provider | $32,000 | — | $32,000 |
| MANZI & ASSOCIATES LLC | Other Service Provider | $26,500 | — | $26,500 |
| KRAKOW & SOURIS | Other Service Provider | $20,000 | — | $20,000 |
| HILB GROUP OF NEW ENGLAND | Other Service Provider | $15,000 | — | $15,000 |
| U.S. REAL ESTATE INVESTMENT FUND | Other Service Provider | $6,676 | — | $6,676 |
| SEGAL ADVISORS, INC. | Other Service Provider | $5,250 | — | $5,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $796,229
- Estimated Expense Ratio: 8.206% 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 | $1,552,301 | $6,676 | $155,669 | $26,500 | — |
| 2023 | $1,378,988 | $14,982 | — | $25,175 | — |
| 2022 | $259,820 | — | — | — | $103,133 |