Plan Snapshot
- Plan Sponsor: Voluntary Hospitals House Staff Benefits Plan
- Sponsor EIN: 133029280
- Sponsor Address: 10-27 46TH AVENUE,, LONG ISLAND CITY, NY, 11101
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,939
- Total Assets: $85.9M
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 | 4,939 | $85.9M | $53.4M | $620,500 |
| 2023 | 4,071 | $75.4M | $49.6M | $598,346 |
| 2022 | 4,618 | $65.4M | $47.2M | $677,643 |
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 ASSURANCE, INC | Other Service Provider | $2,146,776 | — | $2,146,776 |
| HOUSE STAFF BENEFIT PLAN | Other Service Provider | $509,703 | — | $509,703 |
| CIR, SEIU | Other Service Provider | $292,600 | — | $292,600 |
| STACEY BRAUN ASSOCIATES, INC | Other Service Provider | $231,486 | — | $231,486 |
| STEPHEN M PERLITSH | ERISA Attorney | $99,100 | — | $99,100 |
| HEALTH PLAN SYSTEMS, INC. | Other Service Provider | $73,433 | — | $73,433 |
| COHEN, WEISS AND SIMON, LLP. | Other Service Provider | $64,268 | — | $64,268 |
| THE SEGAL COMPANY | Other Service Provider | $63,621 | — | $63,621 |
| ROGOFF & COMPANY PC | Other Service Provider | $31,900 | — | $31,900 |
| SEGAL SELECT INSURANCE SERVICES, IN | Other Service Provider | $30,861 | — | $30,861 |
| 617 MEDIA GROUP.COM LLC | Other Service Provider | $24,004 | — | $24,004 |
| SEGAL MARCO ADVISORS | Other Service Provider | $18,170 | — | $18,170 |
| LEILA MALDONADO | Other Service Provider | $18,120 | — | $18,120 |
| BOHUNKA GOLDSTEIN | Other Service Provider | $16,680 | — | $16,680 |
| LOCKTIGHT SOLUTIONS | Other Service Provider | $9,372 | — | $9,372 |
| HOLTZMAN HELFMAN LLP | ERISA Attorney | $6,960 | — | $6,960 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,637,054
- Estimated Expense Ratio: 4.236% 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 | $3,439,248 | $249,657 | $2,146,776 | $31,900 | — |
| 2023 | $3,403,440 | $214,781 | $2,120,980 | $31,900 | — |
| 2022 | $3,328,961 | $238,424 | $2,074,914 | — | $217,014 |