Plan Snapshot
- Plan Sponsor: Bd Of Trust I.B.P.A.T. Welfare Fund Of Western Pennsylvania
- Sponsor EIN: 251010829
- Sponsor Address: 3660 STUTZ DRIVE, SUITE 101, CANFIELD, OH, 44406
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,237
- Total Assets: $33.6M
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 | 1,237 | $33.6M | $21.8M | $462,237 |
| 2023 | 1,272 | $29.1M | $20.5M | $541,864 |
| 2022 | 1,267 | $25.1M | $20.8M | $1.5M |
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 |
|---|---|---|---|---|
| HIGHMARK | Other Service Provider | $406,814 | — | $406,814 |
| BENESYS, INC. | Recordkeeper | $281,676 | — | $281,676 |
| PNC BANK | Other Service Provider | $129,132 | — | $129,132 |
| DICLAUDIO & KRAMER, LLC | Auditor | $49,570 | — | $49,570 |
| BUCK CONSULTANTS, LLC | Other Service Provider | $7,000 | $24,000 | $31,000 |
| TUCKER ARENSBERG | ERISA Attorney | $27,450 | — | $27,450 |
| MEYER, UNKOVIC, & SCOTT | ERISA Attorney | $20,817 | — | $20,817 |
| WEX HEALTH, INC. | ERISA Attorney | $7,950 | — | $7,950 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DICLAUDIO & KRAMER, LLC — Auditor
- TUCKER ARENSBERG — ERISA Attorney
- MEYER, UNKOVIC, & SCOTT — ERISA Attorney
- WEX HEALTH, INC. — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $954,409
- Estimated Expense Ratio: 2.838% 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 | $706,556 | $129,132 | $281,676 | $49,570 | — |
| 2023 | $716,934 | $118,356 | $273,456 | $39,612 | — |
| 2022 | $800,509 | $114,376 | $364,200 | — | $149,098 |