# Board Of Trustees, Iron Workers Local No. 25 Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/board-of-trustees-iron-workers-local-no-25-386074498-501

> Board Of Trustees, Iron Workers Local No. 25&#39;s Health &amp; Welfare plan: 2,781 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees, Iron Workers Local No. 25

- **Sponsor EIN:** 386074498

- **Sponsor Address:** 700 TOWER DRIVE, TROY, MI, 480982808

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 2,781

- **Total Assets:** $8.5M

## 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|2,781|$8.5M|$17.5M|$0|

| 2023|2,952|$7.7M|$15.9M|$0|

| 2022|3,063|$6.7M|$16.3M|$0|

## 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|

| TAFT STETTINIUS & HOLLISTER LLP|Other Service Provider|$79,241|—|$79,241|

| IRON WORKERS LOCAL NO. 25|Recordkeeper|$57,894|—|$57,894|

| LITTLER MENDELSON P.C.|Other Service Provider|$54,159|—|$54,159|

| ASHERKELLY|Other Service Provider|$50,813|—|$50,813|

| HESSIAN & MCKASY, P.A.|Other Service Provider|$41,508|—|$41,508|

| PLANTE & MORAN, PLLC|Other Service Provider|$35,845|—|$35,845|

| BENESYS, INC.|Other Service Provider|$25,057|—|$25,057|

| COMERICA BANK|Other Service Provider|$21,671|—|$21,671|

| SLEVIN & HART, PC|ERISA Attorney|$9,828|—|$9,828|

| WITHUM SMITH + BROWN, PC|Auditor|$6,534|—|$6,534|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [SLEVIN & HART, PC](https://planprovider.pro/provider/slevin-and-hart-pc) — ERISA Attorney

- [WITHUM SMITH + BROWN, PC](https://planprovider.pro/provider/withumsmithbrown-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $382,550

- **Estimated Expense Ratio:** 4.497% 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|$396,518|$2,318|$18,959|$35,845|—|

| 2023|$125,761|—|$18,959|$31,450|—|

| 2022|$93,515|—|$20,400|—|$44,138|

## Similar Plans

- [Joint Board Of Trustees Of Mrcc Employee Benefits Fund](https://planprovider.pro/companies/joint-board-of-trustees-of-mrcc-employee-benefits-fund-383508105-501) — 6,618 participants

- [Board Of Trustees, Iron Workers Local No. 25](https://planprovider.pro/companies/board-of-trustees-iron-workers-local-no-25-386216995-501) — 2,120 participants

- [Barton Malow Holdings LLC](https://planprovider.pro/companies/barton-malow-holdings-llc-401k-plan) — 1,406 participants

- [The Christman Company](https://planprovider.pro/companies/the-christman-company-401k-plan) — 1,083 participants

- [Walbridge Aldinger Company](https://planprovider.pro/companies/walbridge-aldinger-company-401k-plan) — 1,074 participants

- [Feyen-Zylstra, LLC](https://planprovider.pro/companies/feyen-zylstra-llc-200463125-501) — 440 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-iron-workers-local-no-25-386074498-501)

&copy; 2026 PlanProvider.Pro
