Plan Snapshot
- Plan Sponsor: Board Of Trustees, Heating Piping And Refrigeration Medical Fund
- Sponsor EIN: 530207840
- Sponsor Address: 8700 ASHWOOD DRIVE, CAPITOL HEIGHTS, MD, 20743
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 5,187
- Total Assets: $181.1M
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 | 5,187 | $181.1M | $88.5M | $973,521 |
| 2023 | 4,725 | $125.6M | $76.1M | $1.8M |
| 2022 | 4,551 | $114.2M | $73.6M | $1.9M |
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 |
|---|---|---|---|---|
| MARATHON HEALTH, LLC | Other Service Provider | $2,149,520 | — | $2,149,520 |
| WPAS, INC. | Other Service Provider | $1,098,607 | $907,125 | $2,005,732 |
| BENEFITS ADMINISTRATION CORPORATION | Recordkeeper | $422,235 | $615,313 | $1,037,548 |
| NATIONAL VISION ADMINISTRATORS | Other Service Provider | $372,476 | — | $372,476 |
| NCAS | Recordkeeper | $336,930 | — | $336,930 |
| DELTA DENTAL OF PENNSYLVANIA | Recordkeeper | $215,550 | — | $215,550 |
| THE SEGAL COMPANY | Actuary | $154,022 | — | $154,022 |
| SILVER SCRIPTS INSURANCE COMPANY | Recordkeeper | $151,150 | — | $151,150 |
| ASB CAPITAL MANAGEMENT LLC | Investment Advisor | $140,425 | — | $140,425 |
| O'DONOGHUE AND O'DONOGHUE | ERISA Attorney | $130,547 | — | $130,547 |
| CVS CAREMARK | Recordkeeper | $112,095 | — | $112,095 |
| SARFINO AND RHOADES, LLP | Auditor | $58,426 | — | $58,426 |
| WESTERN ASSET MANAGEMENT COMPANY | Other Service Provider | $52,885 | — | $52,885 |
| CHANGE HEALTHCARE | Other Service Provider | $22,463 | — | $22,463 |
| GALLAGHER FIDUCIARY ADVISORS | Investment Advisor | $22,393 | — | $22,393 |
| NOVAK FRANCELLA | Auditor | $9,815 | — | $9,815 |
| SEGAL SELECT INSURANCE SERVICES INC | Insurance Carrier | $6,680 | — | $6,680 |
| AMALGAMATED BANK | Investment Advisor | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER FIDUCIARY ADVISORS — Investment Advisor
- NOVAK FRANCELLA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,983,657
- Estimated Expense Ratio: 3.857% 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 | $9,163,424 | $231,787 | $5,904,189 | $68,241 | — |
| 2023 | $7,335,246 | $218,723 | $4,857,035 | $55,392 | — |
| 2022 | $6,441,615 | $212,330 | $3,622,582 | — | $267,382 |