Plan Snapshot
- Plan Sponsor: Board Of Trustees-Asbestos Workers Local 18 Resa Trust Fund
- Sponsor EIN: 351906643
- Sponsor Address: 7440 WOODLAND DRIVE, INDIANAPOLIS, IN, 46278
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 657
- Total Assets: $5.5M
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 | 657 | $5.5M | $1.3M | $0 |
| 2023 | 399 | $4.9M | $812,503 | $0 |
| 2022 | 599 | $4.5M | $603,408 | $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 |
|---|---|---|---|---|
| HEALTHSCOPE BENEFITS | Other Service Provider | $29,203 | — | $29,203 |
| 853 WEALTH MANAGEMENT | Other Service Provider | $23,102 | — | $23,102 |
| LEDBETTER PARTNERS, LLC | Other Service Provider | $17,075 | — | $17,075 |
| L.M. HENDERSON & COMPANY, LLP | Other Service Provider | $13,225 | — | $13,225 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,605
- Estimated Expense Ratio: 1.500% 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 | $105,229 | $23,102 | $29,203 | $13,225 | — |
| 2023 | $64,294 | $10,085 | — | — | — |
| 2022 | $60,689 | $8,296 | — | — | $22,187 |