Plan Snapshot
- Plan Sponsor: Tmt Bac Local Union 7 Welfare Fund C/O Daniel H. Cook Associates, In
- Sponsor EIN: 386829766
- Sponsor Address: 1040 AVENUE OF THE AMERICAS,, NEW YORK, NY, 10018
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 789
- Total Assets: $16.5M
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 | 789 | $16.5M | $23.7M | $5.1M |
| 2023 | 748 | $19.2M | $21.6M | $4.9M |
| 2022 | 922 | $23.3M | $27.0M | $5.8M |
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 |
|---|---|---|---|---|
| DANIEL H. COOK & ASSOCIATES | Other Service Provider | $534,169 | — | $534,169 |
| PAYER MATRIX, LLC | Other Service Provider | $93,144 | — | $93,144 |
| VIRGINIA & AMBINDER | Other Service Provider | $83,153 | — | $83,153 |
| EMPIRE HEALTHCHOICE ASSURANCE INC. | Other Service Provider | $77,197 | — | $77,197 |
| O'CONNOR DAVIES LLP | Other Service Provider | $50,850 | — | $50,850 |
| THE SEGAL GROUP INC. | Other Service Provider | $49,500 | — | $49,500 |
| OGLETREE DEAKINS | ERISA Attorney | $48,119 | — | $48,119 |
| BOYD WATTERSON | Other Service Provider | $38,587 | — | $38,587 |
| COLLERAN, O'HARA & MILLS | Other Service Provider | $28,654 | — | $28,654 |
| LITTLER MENDELSON PC | Other Service Provider | $13,200 | — | $13,200 |
| REYNOLDS SECURITIES | Other Service Provider | $12,085 | — | $12,085 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OGLETREE DEAKINS — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,028,658
- Estimated Expense Ratio: 6.233% 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 | $1,252,146 | $56,551 | $534,169 | $50,850 | — |
| 2023 | $1,371,076 | $70,726 | $537,394 | $110,000 | — |
| 2022 | $1,680,292 | $86,940 | $534,975 | — | $486,675 |