# Teamsters Local 294 Albany Area Trucking & Allied Industries Health Health & Welfare Plan
Source: https://planprovider.pro/companies/teamsters-local-294-albany-area-trucking-allied-industries-health-141582160-501

> Teamsters Local 294 Albany Area Trucking & Allied Industries Health's Health & Welfare plan: 1,159 participants, plan year 2024 financials, providers, and be…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Teamsters Local 294 Albany Area Trucking & Allied Industries Health

- **Sponsor EIN:** 141582160

- **Sponsor Address:** 890 THIRD STREET, ALBANY, NY, 12206

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 1,159

- **Total Assets:** $21.7M

## 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|1,159|$21.7M|$14.3M|$8,314|

| 2023|1,147|$19.2M|$12.9M|$9,551|

| 2022|1,145|$18.7M|$10.5M|$12,847|

## 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|

| HIGHMARK WESTERN AND NORTHEASTERN|Other Service Provider|$378,576|—|$378,576|

| PAYER MATRIX|Other Service Provider|$176,024|—|$176,024|

| DIANE SCHWAGER|Other Service Provider|$92,888|—|$92,888|

| MORGAN STANLEY SMITH BARNEY, LLC|Recordkeeper|$81,685|—|$81,685|

| DONNETTE DESANTIS|Other Service Provider|$46,681|—|$46,681|

| JAB2023, LLC|Other Service Provider|$43,750|—|$43,750|

| TEAL, BECKER & CHIARAMONTE CPAS PC|Other Service Provider|$42,000|—|$42,000|

| EMPIRX|Other Service Provider|$31,850|—|$31,850|

| O'SULLIVAN ASSOCIATES INC.|Other Service Provider|$26,800|—|$26,800|

| BLITMAN & KING, LLP|Other Service Provider|$23,190|—|$23,190|

| HEALTHNOW ADMINISTRATIVE SERVICES|Other Service Provider|$20,371|—|$20,371|

| LIFETIME BENEFIT SOLUTIONS|Other Service Provider|$12,192|—|$12,192|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MORGAN STANLEY SMITH BARNEY, LLC](https://planprovider.pro/provider/jp-morgan-asset-management) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $976,007

- **Estimated Expense Ratio:** 4.500% 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|$496,979|$81,685|—|$42,000|—|

| 2023|$491,637|$77,215|—|$42,000|—|

| 2022|$394,122|$60,571|—|—|$92,964|

## Similar Plans

- [Board Of Trustees Of The United Welfare Fund](https://planprovider.pro/companies/board-of-trustees-of-the-united-welfare-fund-111823976-501) — 23,107 participants

- [Board Of Trustees New York State Nurses Association Benefits Fund](https://planprovider.pro/companies/board-of-trustees-new-york-state-nurses-association-benefits-fund-237336001-501) — 21,293 participants

- [Teachers Insurance And Annuity Association Of America](https://planprovider.pro/companies/teachers-insurance-and-annuity-association-of-america-401k-plan) — 11,525 participants

- [Lvmh Moet Hennessy Louis Vuitton, INC.](https://planprovider.pro/companies/lvmh-moet-hennessy-louis-vuitton-inc-135371790-501) — 10,432 participants

- [Teachers Insurance And Annuity Association Of America](https://planprovider.pro/companies/teachers-insurance-and-annuity-association-of-america-131624203-519) — 6,127 participants

- [Voluntary Hospitals House Staff Benefits Plan](https://planprovider.pro/companies/voluntary-hospitals-house-staff-benefits-plan-133029280-501) — 4,939 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/teamsters-local-294-albany-area-trucking-allied-industries-health-141582160-501)

© 2026 PlanProvider.Pro