Plan Snapshot
- Plan Sponsor: Board Of Trustees, Cement Masons And Plasterers Health And Welfare
- Sponsor EIN: 911106482
- Sponsor Address: PO BOX 34203, SEATTLE, WA, 98124
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,183
- Total Assets: $40.4M
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 | 1,183 | $40.4M | $20.8M | $1.3M |
| 2023 | 1,317 | $39.0M | $19.6M | $1.4M |
| 2022 | 1,413 | $35.2M | $20.3M | $1.6M |
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 |
|---|---|---|---|---|
| WELFARE & PENSION ADMIN SVC, INC. | Other Service Provider | $994,357 | — | $994,357 |
| VERA WHOLE HEALTH INC | Other Service Provider | $978,910 | — | $978,910 |
| ZELIS CLAIMS INTEGRITY | Other Service Provider | $744,609 | — | $744,609 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $392,348 | — | $392,348 |
| BARLOW & COUGHRAN, P.S. | Other Service Provider | $71,976 | — | $71,976 |
| ALAFFIA HEALTH | Other Service Provider | $44,457 | — | $44,457 |
| WASHINGTON CAPITAL MANAGEMENT, INC. | Other Service Provider | $37,430 | — | $37,430 |
| CHANGE HEALTHCARE SOLUTIONS, LLC | Other Service Provider | $28,911 | — | $28,911 |
| CLIFTONLARSONALLEN LLP | Auditor | $25,397 | — | $25,397 |
| TRANSCARENT, INC. | Other Service Provider | $24,873 | — | $24,873 |
| GAIL E MCGINN INSURANCE INC | Other Service Provider | $21,000 | $2,278 | $23,278 |
| RAEL & LETSON | Other Service Provider | $20,000 | — | $20,000 |
| DIMARTINO ASSOCIATES | Other Service Provider | $19,250 | — | $19,250 |
| HEALTH CARE COST MGMT CORP OF AK | Other Service Provider | $15,908 | — | $15,908 |
| US BANK | Recordkeeper | $10,476 | — | $10,476 |
| HIGHLAND CAPITAL ADVISORS | Other Service Provider | $7,572 | — | $7,572 |
| BANK OF AMERICA | Other Service Provider | $7,544 | — | $7,544 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
- US BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,447,296
- Estimated Expense Ratio: 8.532% 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 | $3,497,755 | $45,002 | $3,103,801 | $26,427 | — |
| 2023 | $2,356,293 | $41,070 | $2,014,197 | $28,186 | — |
| 2022 | $1,608,686 | $58,912 | $1,240,808 | — | $212,339 |