Plan Snapshot
- Plan Sponsor: Board Of Trustees Insulators Local No. 2 Welfare Fund
- Sponsor EIN: 256030310
- Sponsor Address: 5 HOT METAL STREET, PITTSBURGH, PA, 15203
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 370
- Total Assets: $25.9M
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 | 370 | $25.9M | $8.5M | $1.8M |
| 2023 | 402 | $26.5M | $9.2M | $1.7M |
| 2022 | 443 | $25.7M | $13.8M | $1.7M |
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 |
|---|---|---|---|---|
| CENTRAL DATA SERVICES, INC. | Other Service Provider | $302,592 | — | $302,592 |
| HIGHMARK | Other Service Provider | $106,380 | — | $106,380 |
| MANNING & NAPIER | Other Service Provider | $91,095 | — | $91,095 |
| HAWLEY CONSULTING GROUP | Other Service Provider | $56,000 | — | $56,000 |
| DICLAUDIO & KRAMER, LLC | Auditor | $33,575 | — | $33,575 |
| MEYER, UNKOVIC & SCOTT | ERISA Attorney | $24,099 | — | $24,099 |
| DELTA DENTAL | Other Service Provider | $20,057 | — | $20,057 |
| INTERCONTINENTAL REAL ESTATE CORP. | Other Service Provider | $19,352 | — | $19,352 |
| PNC BANK, N.A. | Other Service Provider | $19,127 | — | $19,127 |
| MARINER INSTITUTIONAL LLC | Other Service Provider | $18,000 | — | $18,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DICLAUDIO & KRAMER, LLC — Auditor
- MEYER, UNKOVIC & SCOTT — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $690,277
- Estimated Expense Ratio: 2.664% 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 | $465,931 | $123,851 | $130,020 | $22,500 | — |
| 2023 | $446,284 | $132,407 | $126,420 | $22,500 | — |
| 2022 | $383,988 | $108,756 | $117,600 | — | $109,364 |