Plan Snapshot
- Plan Sponsor: Benevolent Telephone Death Benefit Fund, INC.
- Sponsor EIN: 042480299
- Sponsor Address: 38 ESSEX STREET, ANDOVER, MA, 01810
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,322
- Total Assets: $5.7M
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. |
|---|---|---|---|---|
| 2025 | 1,322 | $5.7M | $0 | $0 |
| 2024 | 1,515 | $5.7M | $0 | $0 |
| 2023 | 1,727 | $5.9M | $0 | $0 |
| 2022 | 1,922 | $5.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| ANDOVER ADMINSTRATOR SERVICES, INC | Recordkeeper | $136,667 | — | $136,667 |
| UBS FINANCIAL SERVICES | Investment Advisor | $109,928 | — | $109,928 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $246,595
- Estimated Expense Ratio: 4.310% 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 |
|---|---|---|---|---|---|
| 2025 | $712,262 | $290,462 | — | — | — |
| 2024 | $275,990 | $275,990 | — | — | — |
| 2023 | $267,050 | $267,050 | — | — | — |
| 2022 | $269,489 | $269,489 | — | — | — |