Plan Snapshot
- Plan Sponsor: Seiu Local 200 United Benefit Fund
- Sponsor EIN: 161198780
- Sponsor Address: 701 ERIE BLVD WEST, SYRACUSE, NY, 13204
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 598
- Total Assets: $2.2M
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. |
|---|---|---|---|---|
| 2025 | 598 | $2.2M | $0 | $0 |
| 2024 | 798 | $2.1M | $680,015 | $152,220 |
| 2023 | 800 | $2.0M | $729,219 | $101,370 |
| 2022 | 786 | $1.9M | $708,691 | $80,876 |
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 |
|---|---|---|---|---|
| GUARDIAN | Other Service Provider | $29,100 | — | $29,100 |
| BONADIO & CO., LLP | Other Service Provider | $17,800 | — | $17,800 |
| BLITMAN & KING | Other Service Provider | $17,431 | — | $17,431 |
| MANNING & NAPIER ADVISORS, LLC | Other Service Provider | $14,291 | — | $14,291 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,622
- Estimated Expense Ratio: 3.594% 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 |
|---|---|---|---|---|---|
| 2025 | $779,319 | $17,983 | — | $17,800 | — |
| 2024 | $229,985 | $17,152 | — | $18,000 | — |
| 2023 | $209,419 | $15,460 | — | $16,600 | — |
| 2022 | $196,315 | $15,960 | — | — | $31,012 |