Plan Snapshot
- Plan Sponsor: Trustees Of Plumbers Pipe Fitters & Apprentices Local 112 Health Fund
- Sponsor EIN: 166053348
- Sponsor Address: 11 GRISWOLD ST, BINGHAMTON, NY, 13904
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 342
- Total Assets: $14.7M
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 | 342 | $14.7M | $8.2M | $594,170 |
| 2023 | 336 | $13.8M | $8.4M | $618,073 |
| 2022 | 317 | $12.0M | $8.0M | $625,891 |
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 |
|---|---|---|---|---|
| EXCELLUS BLUECROSS BLUESHIELD | Other Service Provider | $263,898 | — | $263,898 |
| LABOR FIRST, LLC | Other Service Provider | $95,958 | — | $95,958 |
| BLITMAN AND KING | Other Service Provider | $47,207 | — | $47,207 |
| O'SULLIVAN ASSOCIATES | Other Service Provider | $30,000 | — | $30,000 |
| KEENAN & ASSOCIATES | Other Service Provider | $29,912 | — | $29,912 |
| SEGALL BRYANT HAMILL | Other Service Provider | $21,252 | — | $21,252 |
| D'ARCANGELO & CO. LLP | Other Service Provider | $16,450 | — | $16,450 |
| JOSEPH MCCARTHY | Other Service Provider | $8,952 | — | $8,952 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $513,629
- Estimated Expense Ratio: 3.486% 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 | $885,253 | $36,265 | $355,480 | $16,450 | — |
| 2023 | $791,271 | $24,357 | $286,737 | $15,950 | — |
| 2022 | $783,206 | $27,456 | $262,184 | — | $135,832 |