Plan Snapshot
- Plan Sponsor: Board Of Trustees Christian Labor Association Health & Welfare Fund
- Sponsor EIN: 411000422
- Sponsor Address: 18505 THEATER ROAD, BRAINERD, MN, 56401
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 819
- Total Assets: $5.3M
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 | 819 | $5.3M | $9.7M | $72,269 |
| 2023 | 1,093 | $5.9M | $12.0M | $96,178 |
| 2022 | 1,098 | $6.3M | $11.3M | $97,534 |
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 |
|---|---|---|---|---|
| BCBSMN, INC. DBA BLUE CROSS AND BLU | Other Service Provider | $577,033 | $20,175 | $597,208 |
| SMITH HEALTH, INC. | Other Service Provider | $201,470 | — | $201,470 |
| WESTBERG EISCHENS, PLLP | Auditor | $91,201 | — | $91,201 |
| DIGITAL INSURANCE, LLC | Other Service Provider | $26,072 | — | $26,072 |
| PRUCO SECURITIES, LLC | Investment Advisor | $13,835 | — | $13,835 |
| RBA | Other Service Provider | $7,566 | — | $7,566 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WESTBERG EISCHENS, PLLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $937,352
- Estimated Expense Ratio: 17.850% 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 | $1,007,091 | $19,291 | $813,657 | $91,201 | — |
| 2023 | $963,058 | $29,948 | $785,287 | $80,420 | — |
| 2022 | $478,171 | $38,299 | $297,041 | — | $79,341 |