Plan Snapshot
- Plan Sponsor: The Board Of Trustees Of The Mosaic & Terrazzo Welfare Fund
- Sponsor EIN: 135676828
- Sponsor Address: 45-34 COURT SQUARE, LONG ISLAND CITY, NY, 11101
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 217
- Total Assets: $5.4M
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 | 217 | $5.4M | $8.7M | $196,988 |
| 2023 | 250 | $5.4M | $5.6M | $2.3M |
| 2022 | 255 | $6.8M | $5.8M | $2.8M |
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 |
|---|---|---|---|---|
| MOSAIC & TERRAZZO PENSION FUND | Other Service Provider | $361,603 | — | $361,603 |
| ANTHEM BLUE CROSS AND BLUE SHIELD | Other Service Provider | $189,473 | — | $189,473 |
| GOULD KOBRICK & SCHLAPP PC | Auditor | $30,500 | — | $30,500 |
| BASIL CASTROVINCI ASSOCIATES INC | Other Service Provider | $27,759 | — | $27,759 |
| GORLICK, KRAVITZ & LISTHAUS, PC | Other Service Provider | $16,037 | — | $16,037 |
| OPTUMRX | Other Service Provider | $5,491 | $2,896 | $8,387 |
| LITTLER MENDELSON | Other Service Provider | $6,733 | — | $6,733 |
| WORKFORCE ASSISTANCE PROGRAM | Other Service Provider | $5,940 | — | $5,940 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GOULD KOBRICK & SCHLAPP PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $646,432
- Estimated Expense Ratio: 11.989% 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 | $655,305 | $2,208 | $200,904 | $30,500 | — |
| 2023 | $502,217 | $2,640 | — | $33,433 | — |
| 2022 | $510,372 | $3,540 | — | — | $81,272 |