Plan Snapshot
- Plan Sponsor: United Employees Health Plans
- Sponsor EIN: 203244794
- Sponsor Address: 70 CHARLES LINDBERGH BLVD, UNIONDALE, NY, 11553
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 766
- Total Assets: $5.1M
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 | 766 | $5.1M | $12.6M | $63,410 |
| 2023 | 500 | $6.1M | $11.0M | $115,393 |
| 2022 | 381 | $4.7M | $8.6M | $20,158 |
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 |
|---|---|---|---|---|
| INTERNATIONAL BENEFITS ADMIN. | Other Service Provider | $960,106 | — | $960,106 |
| PAYER MATRIX LLC | Other Service Provider | $289,812 | — | $289,812 |
| CLAUDIA MARQUEZ | Other Service Provider | $93,803 | — | $93,803 |
| PATRICK MCCABE | Other Service Provider | $77,077 | — | $77,077 |
| JACKI MITCHELL | Other Service Provider | $49,920 | — | $49,920 |
| MCCARTHY & PREECE, PLLC | Other Service Provider | $48,000 | — | $48,000 |
| COMPREHENSIVE HEALTHCARE SYSTEMS | Other Service Provider | $45,374 | — | $45,374 |
| MARCIA SALOMON | Other Service Provider | $44,039 | — | $44,039 |
| CATHY VASILE | Other Service Provider | $31,659 | — | $31,659 |
| ANGELA MCCABE | Other Service Provider | $31,231 | — | $31,231 |
| JACQUELINE ELSNER | Other Service Provider | $28,895 | — | $28,895 |
| WEAVER & TIDWELL, LLP | Auditor | $24,750 | — | $24,750 |
| ANDREW FAIR | Custodian / Trustee | $18,000 | — | $18,000 |
| BRYAN C. MCCARTHY | Custodian / Trustee | $18,000 | — | $18,000 |
| DAVID J. MAHONEY | Custodian / Trustee | $18,000 | — | $18,000 |
| BANK OF AMERICA | Other Service Provider | $17,504 | — | $17,504 |
| SUMMIT ACTUARIAL SERVICES, INC. | Other Service Provider | $15,000 | — | $15,000 |
| QUAN-VEST CONSULTING, INC. | Other Service Provider | $7,992 | — | $7,992 |
| D.D. SERVICES, INC. | Other Service Provider | $6,734 | — | $6,734 |
| LAWRENCE FISCHER, PC | Other Service Provider | $5,500 | — | $5,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER & TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,831,396
- Estimated Expense Ratio: 36.000% 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 | $1,142,293 | $13,265 | — | $24,750 | — |
| 2023 | $1,811,426 | $9,717 | — | $32,500 | — |
| 2022 | $1,122,679 | $8,926 | — | — | $127,299 |