Plan Snapshot
- Plan Sponsor: U.S.W.U. Local 74 Welfare Fund Board Of Trustees Of U.S.W.U. Local 74
- Sponsor EIN: 131912506
- Sponsor Address: 36-36 33RD STREET, SUITE 202, LONG ISLAND CITY, NY, 11106
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,964
- Total Assets: $118.4M
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 | 1,964 | $118.4M | $36.1M | $29,573 |
| 2023 | 1,918 | $112.0M | $35.9M | $27,944 |
| 2022 | 1,975 | $97.5M | $37.2M | $47,698 |
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 |
|---|---|---|---|---|
| EMPIRE HEALTHCHOICE INSURANCE INC | Other Service Provider | $1,414,454 | $365,934 | $1,780,388 |
| FUIMAN MOGILA, LLP | Other Service Provider | $303,606 | — | $303,606 |
| ZACHARY HARKIN, ESQ | Other Service Provider | $290,551 | — | $290,551 |
| LITTLER MENDELSON PC | Other Service Provider | $190,736 | — | $190,736 |
| GARY HAHN | Other Service Provider | $133,860 | — | $133,860 |
| BRIDGEWAY BENEFITS TECHNOLOGIES | Other Service Provider | $114,946 | — | $114,946 |
| MARYANN FALCE | Other Service Provider | $103,849 | — | $103,849 |
| FITZSIMMONS ABRAMS, LLP | Auditor | $92,544 | — | $92,544 |
| TECHFORMATIVE INC. | Other Service Provider | $86,609 | — | $86,609 |
| JOAN SULAY | Other Service Provider | $85,411 | — | $85,411 |
| PRINCIPAL ENHANCED PROPERTY FUND LP | Other Service Provider | $73,674 | — | $73,674 |
| MORVILLO ABRAMOWITZ GRAND IASON | Other Service Provider | $71,198 | — | $71,198 |
| JESSICA PANIAGUA | Other Service Provider | $70,817 | — | $70,817 |
| XIMENA CASTRO | Other Service Provider | $69,311 | — | $69,311 |
| CBIZ, INC | Other Service Provider | $69,000 | — | $69,000 |
| MARIA DIAZ | Other Service Provider | $67,393 | — | $67,393 |
| CYBER CLARITY INC. | Other Service Provider | $60,000 | — | $60,000 |
| REYNOLDS INVESTMENT CONSULTING SRVC | Other Service Provider | $60,000 | — | $60,000 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | Other Service Provider | $59,821 | — | $59,821 |
| VANESSA BARBOSA | Other Service Provider | $54,372 | — | $54,372 |
| SARAH BREAULT | Other Service Provider | $43,581 | — | $43,581 |
| CPS DENTAL | Other Service Provider | $33,632 | — | $33,632 |
| AMALGAMATED BANK | Other Service Provider | $25,974 | — | $25,974 |
| EXPRESS SCRIPTS (MEDCO) | Other Service Provider | $19,013 | — | $19,013 |
| WAGE WORKS INC | Other Service Provider | $8,493 | — | $8,493 |
| CPS OPTICAL | Other Service Provider | $7,715 | — | $7,715 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FITZSIMMONS ABRAMS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,976,494
- Estimated Expense Ratio: 3.360% 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 | $2,521,198 | $395,513 | — | $79,000 | — |
| 2023 | $2,896,320 | $379,192 | — | $81,766 | — |
| 2022 | $2,043,018 | $143,176 | — | — | $662,724 |