Plan Snapshot
- Plan Sponsor: Board Of Trustees-Health & Welfare Fund Ibew Local 96
- Sponsor EIN: 042177839
- Sponsor Address: ASSOCIATED ADMINISTRATORS, SPARKS, MD, 211526966
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 291
- Total Assets: $12.1M
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 | 291 | $12.1M | $6.6M | $562,247 |
| 2023 | 269 | $10.6M | $5.2M | $443,242 |
| 2022 | 295 | $9.6M | $4.7M | $560,448 |
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 |
|---|---|---|---|---|
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $102,252 | — | $102,252 |
| SEGAL ROITMAN, LLP | Other Service Provider | $39,901 | — | $39,901 |
| DELTA DENTAL OF MA | Other Service Provider | $23,826 | — | $23,826 |
| SEGAL CONSULTING GROUP | Other Service Provider | $20,257 | — | $20,257 |
| NOVAK FRANCELLA, LLC | Auditor | $12,046 | — | $12,046 |
| INTERCONTINENTAL REAL ESTATE | Other Service Provider | $11,060 | — | $11,060 |
| MODERN ASSISTANCE | Other Service Provider | $10,766 | — | $10,766 |
| SEGAL MARCO | Other Service Provider | $6,600 | — | $6,600 |
| THE ANGELL GROUP | Other Service Provider | $5,325 | — | $5,325 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $232,033
- Estimated Expense Ratio: 1.917% 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 | $250,042 | $17,660 | $136,844 | $10,000 | — |
| 2023 | $234,215 | $17,113 | $132,108 | $9,500 | — |
| 2022 | $241,036 | $8,966 | $133,496 | — | $77,893 |