Plan Snapshot
- Plan Sponsor: Trustees Of Plumbers & Steamfitters Local 81 Insurance Fund
- Sponsor EIN: 156025166
- Sponsor Address: 107 TWIN OAKS DRIVE, SYRACUSE, NY, 13206
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,191
- Total Assets: $48.9M
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 | 1,191 | $48.9M | $14.6M | $188,177 |
| 2023 | 1,186 | $36.9M | $10.9M | $141,001 |
| 2022 | 1,126 | $34.2M | $9.7M | $189,901 |
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 |
|---|---|---|---|---|
| UMR, INC. | Other Service Provider | $224,028 | — | $224,028 |
| MICHAEL NANNO | Other Service Provider | $106,128 | — | $106,128 |
| HEATHER TURK | Other Service Provider | $85,030 | — | $85,030 |
| MANNING AND NAPIER | Other Service Provider | $84,000 | — | $84,000 |
| SUSAN COLBERT | Other Service Provider | $75,138 | — | $75,138 |
| SAVEONSP | Other Service Provider | $66,355 | — | $66,355 |
| RIGHT RX, LLC | Other Service Provider | $63,454 | — | $63,454 |
| KEENAN & ASSOCIATES | Other Service Provider | $61,562 | — | $61,562 |
| KELLY DAGGETT | Other Service Provider | $60,035 | — | $60,035 |
| JOSEPH W. MCCARTHY & ASSOCIATES | Other Service Provider | $48,257 | — | $48,257 |
| BLITMAN & KING | Other Service Provider | $41,554 | — | $41,554 |
| JBM COMPUTER CONSULTANTS INC. | Other Service Provider | $30,302 | — | $30,302 |
| DARCANGELO & CO., LLP | Other Service Provider | $27,000 | — | $27,000 |
| ROBIN GREEN | Other Service Provider | $16,073 | — | $16,073 |
| ALIVIA TURK | Other Service Provider | $14,310 | — | $14,310 |
| MARCO CONSULTING | Other Service Provider | $13,000 | — | $13,000 |
| BONADIO & CO., LLP | Auditor | $9,735 | — | $9,735 |
| M&T/WILMINGTON TRUST | Recordkeeper | $5,341 | — | $5,341 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO., LLP — Auditor
- M&T/WILMINGTON TRUST — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,031,302
- Estimated Expense Ratio: 2.107% 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 | $1,043,411 | $111,028 | $320,511 | $27,000 | — |
| 2023 | $715,348 | $79,641 | $272,254 | $20,500 | — |
| 2022 | $686,659 | $53,423 | $273,473 | — | $91,504 |