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Original filing (PDF)20250407140944NAL0032863522001
LOCAL UNION NO. 1556
Form 5500
FILING_RECEIVED
MEMBERSHIP RELIEF BENEFIT PLAN DOCK BUILDERS LOCAL UNION NO. 1456
Health & welfare plan
Signals · 2
~534 bps in Sched C feesNo recordkeeper disclosed
Active participants
1,516
Accounts w/ balance
—
Plan assets (EOY)
$2.3M
Net assets (EOY)
$1.8M
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 534 bps in Schedule C fees — 927% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Helping the score
- Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for LOCAL UNION NO. 1556.
Plan sponsor
Name
LOCAL UNION NO. 1556
EIN
45-2787952
Address
395 HUDSON STREET, 8TH FLOOR · NEW YORK, NY · 100147451
Phone
(212) 989-2284
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2023
Plan year begin
2023-07-01
Tax period
2024-06-30
Filed
2025-04-07
Welfare benefit codes
4C · Supplemental Unemployment
Audit & trust (Schedule H)
Auditor
NOVAK FRANCELLA, LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsOther
4| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPLOYEE | 45-2787952 | — | EMPLOYEE | $61K | — |
| NOVAK FRANCELLA LLC | 61-1436956 | — | NONE | $28K | — |
| ARCHER, BYINGTON, GLENNON, & LEVINE | 26-0873462 | — | NONE | $21K | — |
| WELLS FARGO ADVISORS | 48-1305000 | — | NONE | $12K | — |
Investments
The Schedule of Assets is filed as a free-form PDF attachment on EFAST2; we parse these offline and coverage is partial (priority is the largest plans by EOY assets). This plan also reports no pooled (Schedule D) interests, so its holdings aren’t hidden on a master-trust filing. The line-item data lives on DOL EFAST2 under the same ACK_ID.
See Methodology > Data linkages for how Form 5500 / Schedule H / Schedule D / Schedule of Assets fit together.
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