Plan Snapshot
- Plan Sponsor: Teamsters Local 817 Welfare Fund
- Sponsor EIN: 136210566
- Sponsor Address: 817 OLD CUTTERMILL ROAD, GREAT NECK, NY, 11021
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 539
- Total Assets: $98.6M
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 | 539 | $98.6M | $43.8M | $1.5M |
| 2023 | 1,174 | $74.8M | $25.8M | $60,122 |
| 2022 | 1,081 | $97.0M | $47.0M | $128,940 |
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 |
|---|---|---|---|---|
| AETNA LIFE INSURANCE COMPANY | Recordkeeper | $1,067,125 | — | $1,067,125 |
| KATHLEEN KREINBIHL | Other Service Provider | $158,967 | — | $158,967 |
| CHRISTOPHER O'DONNELL | Other Service Provider | $128,560 | — | $128,560 |
| DAVISVISION | Other Service Provider | $115,351 | — | $115,351 |
| THE SEGAL COMPANY | Other Service Provider | $74,241 | — | $74,241 |
| ANGELINA SARRO | Other Service Provider | $63,655 | — | $63,655 |
| NICHOLAS BERTO | Other Service Provider | $57,975 | — | $57,975 |
| KEVIN LYNCH | Other Service Provider | $56,966 | — | $56,966 |
| STACEY BRAUN ASSOCIATES, INC. | Other Service Provider | $51,734 | — | $51,734 |
| CAPITAL ASSET ADVISORS | Other Service Provider | $50,000 | — | $50,000 |
| MSPC CERTIFIED PUBLIC ACCOUNTANTS | Auditor | $23,250 | — | $23,250 |
| THOMSON REUTERS INC, | Other Service Provider | $22,542 | — | $22,542 |
| FRIEDMAN & ANSPACH | Other Service Provider | $21,913 | — | $21,913 |
| BNG CONSULTING INC | Other Service Provider | $14,000 | — | $14,000 |
| US BANK | Recordkeeper | $6,157 | — | $6,157 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC CERTIFIED PUBLIC ACCOUNTANTS — Auditor
- US BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,912,436
- Estimated Expense Ratio: 1.940% 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 | $1,100,603 | $115,734 | — | $45,967 | — |
| 2023 | $951,395 | $110,825 | — | $43,183 | — |
| 2022 | $900,475 | $131,017 | — | — | $102,256 |