Plan Snapshot
- Plan Sponsor: Trustees Insurance Fund Local 83
- Sponsor EIN: 141435258
- Sponsor Address: 900 COMMERCE DR, CLIFTON PARK, NY, 12065
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 241
- Total Assets: $19.8M
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 | 241 | $19.8M | $5.4M | $718,085 |
| 2023 | 256 | $18.7M | $5.2M | $751,957 |
| 2022 | 273 | $17.3M | $5.6M | $750,354 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $98,556 | — | $98,556 |
| MARSHALL & STERLING | Other Service Provider | $75,749 | — | $75,749 |
| HEALTHNOW ADMINISTRATIVE SERVICES | Other Service Provider | $69,073 | — | $69,073 |
| TEAL, BECKER & CHIARAMONTE CPAS | Other Service Provider | $41,500 | — | $41,500 |
| JAMES M. SHEPPARD, CPA | Other Service Provider | $20,520 | — | $20,520 |
| BPAS ACTUARIAL AND PENSION SERVICE | Recordkeeper | $16,900 | — | $16,900 |
| DELTA DENTAL OF NEW YORK, INC. | Other Service Provider | $16,391 | — | $16,391 |
| KRAKOW, SOURIS & LANDRY | Other Service Provider | $15,000 | — | $15,000 |
| RIGHT RX, LLC D/B/A US-RX CARE | Other Service Provider | $10,658 | — | $10,658 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BPAS ACTUARIAL AND PENSION SERVICE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $364,347
- Estimated Expense Ratio: 1.841% 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 | $511,037 | $103,654 | — | $41,500 | — |
| 2023 | $561,999 | $94,498 | — | $41,500 | — |
| 2022 | $494,466 | $85,147 | — | — | $188,595 |