Plan Snapshot
- Plan Sponsor: Bac Local Union 15 Welfare Fund
- Sponsor EIN: 237386028
- Sponsor Address: WILSON MCSHANE CORPORATION, KANSAS CITY, MO, 641909500
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 813
- Total Assets: $23.4M
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 | 813 | $23.4M | $8.9M | $1.2M |
| 2023 | 711 | $24.6M | $8.3M | $1.2M |
| 2022 | 724 | $22.8M | $8.4M | $1.2M |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD | Other Service Provider | $683,815 | — | $683,815 |
| WILSON MCSHANE CORPORATION | Recordkeeper | $237,643 | — | $237,643 |
| EPLAN LLC | Other Service Provider | $137,914 | — | $137,914 |
| ARNOLD, NEWBOLD, SOLLARS & HOLLINS | ERISA Attorney | $112,451 | — | $112,451 |
| UNITED ACTUARIAL SERVICES | Actuary | $57,926 | — | $57,926 |
| CONSTRUCTION BENEFIT AUDIT CORP | Auditor | $54,128 | — | $54,128 |
| SEGAL SELECT INSURANCE SERVICES | Insurance Carrier | $41,453 | — | $41,453 |
| RUBINBROWN, LLP | Auditor | $30,600 | — | $30,600 |
| COMMERCE | Investment Advisor | $29,910 | — | $29,910 |
| SWORD HEALTH | Other Service Provider | $26,190 | — | $26,190 |
| PREFERRED HEALTH PROFESSIONALS | Other Service Provider | $11,360 | — | $11,360 |
| SAV-RX | Other Service Provider | $11,235 | — | $11,235 |
| SEGAL ADVISORS | Investment Advisor | $10,500 | — | $10,500 |
| IRON MOUNTAIN | Other Service Provider | $9,802 | — | $9,802 |
| INTERNATIONAL FOUNDATION OF EE BENE | Other Service Provider | $7,298 | — | $7,298 |
| US DEPARTMENT OF TREASURY | Other Service Provider | $5,181 | — | $5,181 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RUBINBROWN, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,467,406
- Estimated Expense Ratio: 6.270% 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 | $1,193,194 | $40,410 | $430,446 | $84,728 | — |
| 2023 | $1,367,965 | $36,234 | $994,551 | $29,050 | — |
| 2022 | $1,313,476 | $31,733 | $1,030,209 | — | $210,139 |