Plan Snapshot
- Plan Sponsor: Board Of Trustees, Bakers Union And Food Employers Labor Relations
- Sponsor EIN: 260000485
- Sponsor Address: 911 RIDGEBROOK ROAD, SPARKS, MD, 211529459
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 287
- Total Assets: $2.2M
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 | 287 | $2.2M | $0 | $0 |
| 2024 | 293 | $2.2M | $4.0M | $8,777 |
| 2023 | 296 | $1.9M | $4.2M | $14,850 |
| 2022 | 438 | $2.0M | $4.5M | $17,671 |
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 |
|---|---|---|---|---|
| ASSOCIATED ADMINISTRATORS, LLC | Other Service Provider | $177,786 | — | $177,786 |
| CIGNA HEALTH CARE | Other Service Provider | $138,984 | — | $138,984 |
| MORGAN, LEWIS & BOCKIUS, LLP | Other Service Provider | $46,130 | — | $46,130 |
| BLANK ROME, LLP | Other Service Provider | $23,364 | — | $23,364 |
| CALIBRE CPA GROUP, PLLC | Other Service Provider | $17,574 | — | $17,574 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $403,838
- Estimated Expense Ratio: 18.160% 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 | $4,385,304 | — | $177,786 | $17,576 | — |
| 2024 | $420,570 | — | $168,208 | $16,828 | — |
| 2023 | $408,979 | — | $158,253 | $15,596 | — |
| 2022 | $431,596 | — | $163,358 | — | $118,265 |