Plan Snapshot
- Plan Sponsor: Sickness & Accident Fund Of Local One, Ala For Lithographic Employee
- Sponsor EIN: 135563432
- Sponsor Address: 113 UNIVERSITY PLACE, NEW YORK, NY, 10003
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 165
- Total Assets: $1.2M
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 | 165 | $1.2M | $1.9M | $424,508 |
| 2023 | 62 | $1.4M | $1.9M | $455,986 |
| 2022 | 70 | $1.7M | $2.1M | $526,224 |
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 |
|---|---|---|---|---|
| GCC-IBT LOCAL 1L | Other Service Provider | $84,208 | — | $84,208 |
| FIRST ACTUARIAL CONSULTING | Actuary | $34,500 | — | $34,500 |
| ROGOFF & CO | Auditor | $33,650 | — | $33,650 |
| COHEN, WEISS & SIMON LLP | ERISA Attorney | $15,000 | — | $15,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $167,358
- Estimated Expense Ratio: 14.063% 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 | $184,880 | — | — | $33,650 | — |
| 2023 | $166,404 | — | — | $33,000 | — |
| 2022 | $157,604 | — | — | — | $78,713 |