Plan Snapshot
- Plan Sponsor: Truck Drivers & Helpers Local 687 Insurance Trust
- Sponsor EIN: 166181358
- Sponsor Address: 14 ELM STREET, POTSDAM, NY, 13676
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 803
- Total Assets: $78,989
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 | 803 | $78,989 | $0 | $36,525 |
| 2023 | 764 | $79,077 | $0 | $31,205 |
| 2022 | 756 | $85,833 | $0 | $29,633 |
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 |
|---|---|---|---|---|
| D'ARCANGELO AND CO., LLP | Auditor | $4,000 | — | $4,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,000
- Estimated Expense Ratio: 5.064% 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 | $7,458 | $1,053 | — | $4,000 | — |
| 2023 | $6,500 | $967 | — | $4,000 | — |
| 2022 | $5,984 | $1,119 | — | — | $4,000 |