Plan Snapshot
- Plan Sponsor: Board Of Trustees, Brick Masons Health And Welfare
- Sponsor EIN: 956041102
- Sponsor Address: 1050 LAKES DR STE 120, WEST COVINA, CA, 91790
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 458
- Total Assets: $10.8M
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 | 458 | $10.8M | $7.0M | $278,561 |
| 2023 | 409 | $10.5M | $7.0M | $320,924 |
| 2022 | 466 | $10.3M | $7.7M | $326,999 |
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 |
|---|---|---|---|---|
| BENESYS, INC. | Other Service Provider | $273,214 | — | $273,214 |
| EIDE BAILLY LLP | Auditor | $157,881 | — | $157,881 |
| THE WAGNER LAW GROUP | ERISA Attorney | $82,963 | — | $82,963 |
| MILLIMAN | Recordkeeper | $69,644 | — | $69,644 |
| WITHUMSMITH+BROWN, PC | Auditor | $30,635 | — | $30,635 |
| HEALTH SMART PREFERRED NETWORK II, | Other Service Provider | $10,470 | — | $10,470 |
| INNOVATIVE CARE MANAGEMENT | Other Service Provider | $9,796 | — | $9,796 |
| U.S BANK | Recordkeeper | $9,769 | — | $9,769 |
| MZQ CONSULTING, DBA LUMELIGHT | Other Service Provider | $9,000 | — | $9,000 |
| VISION SERVICE PLAN | Other Service Provider | $6,535 | — | $6,535 |
| NATIONAL INVEST SVCS OF AMERICA,LLC | Other Service Provider | $5,867 | — | $5,867 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $5,445 | — | $5,445 |
| INVESTMENT PERFORMANCE SERVICES,LLC | Other Service Provider | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY LLP — Auditor
- THE WAGNER LAW GROUP — ERISA Attorney
- MILLIMAN — Recordkeeper
- WITHUMSMITH+BROWN, PC — Auditor
- U.S BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $676,219
- Estimated Expense Ratio: 6.254% 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 | $708,315 | $10,936 | $273,214 | $30,635 | — |
| 2023 | $565,855 | $10,447 | $243,948 | $66,283 | — |
| 2022 | $540,500 | $9,580 | $236,636 | — | $201,292 |