Plan Snapshot
- Plan Sponsor: Bd Of Trustees Of Intl Heat And Frost Insulators Allied Workers 3
- Sponsor EIN: 341286578
- Sponsor Address: 3660 STUTZ DRIVE, SUITE 101, CANFIELD, OH, 44406
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 159
- Total Assets: $7.4M
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 | 159 | $7.4M | $4.0M | $61,020 |
| 2023 | 152 | $5.8M | $4.0M | $44,446 |
| 2022 | 143 | $5.2M | $4.0M | $76,519 |
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 |
|---|---|---|---|---|
| 5STAR LIFE INSURANCE COMPANY | Other Service Provider | $59,736 | — | $59,736 |
| BENESYS, INC. | Recordkeeper | $44,215 | — | $44,215 |
| PARK EDGE ADVISORS LLC | Investment Advisor | $39,842 | — | $39,842 |
| BARNES WENDLING CPA'S, INC. | Auditor | $28,851 | — | $28,851 |
| FRANTZ WARD ATTORNEYS AT LAW | ERISA Attorney | $13,825 | — | $13,825 |
| PNC BANK NA | Other Service Provider | $11,508 | — | $11,508 |
| INT'L FOUNDATION OF EBP'S | Other Service Provider | $5,338 | — | $5,338 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $203,315
- Estimated Expense Ratio: 2.735% 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 | $242,159 | $2,515 | $42,834 | $28,851 | — |
| 2023 | $145,355 | $34,349 | $40,920 | $27,023 | — |
| 2022 | $124,284 | $31,000 | $39,490 | — | $31,173 |