Plan Snapshot
- Plan Sponsor: Upstate Union Health And Welfare Fund
- Sponsor EIN: 166072836
- Sponsor Address: 566 SPENCER STREET, SYRACUSE, NY, 13218
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 142
- Total Assets: $1.2M
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 | 142 | $1.2M | $125,740 | $146,589 |
| 2023 | 112 | $1.2M | $137,527 | $151,521 |
| 2022 | 166 | $1.1M | $137,750 | $219,792 |
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 |
|---|---|---|---|---|
| BLITMAN & KING, LLP | Other Service Provider | $30,330 | — | $30,330 |
| D'ARCANGELO & CO., LLP | Other Service Provider | $11,200 | — | $11,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,530
- Estimated Expense Ratio: 3.383% 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 | $61,457 | $10,268 | — | $11,200 | — |
| 2023 | $50,798 | $9,062 | — | $10,900 | — |
| 2022 | $32,280 | $11,374 | — | — | $13,763 |