Plan Snapshot
- Plan Sponsor: Board Of Trustees Iuoe Local 4 Health And Welfare Fund
- Sponsor EIN: 046040880
- Sponsor Address: 16 TROTTER DRIVE, MEDWAY, MA, 02053
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 3,496
- Total Assets: $150.1M
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 | 3,496 | $150.1M | $83.7M | $603,655 |
| 2023 | 3,952 | $137.2M | $80.9M | $731,455 |
| 2022 | 3,485 | $117.8M | $74.9M | $716,886 |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MASS | Other Service Provider | $2,017,957 | — | $2,017,957 |
| LYRA HEALTH | Other Service Provider | $148,329 | — | $148,329 |
| VITECH SYSTEMS SUB, LLC | Other Service Provider | $145,014 | — | $145,014 |
| HEALTHLINX LLC | Other Service Provider | $127,000 | — | $127,000 |
| WILLIS TOWERS WATSON, NORTHEAST INC | Other Service Provider | $126,000 | — | $126,000 |
| GREGORY A GEIMAN | Other Service Provider | $121,333 | — | $121,333 |
| PRUDENT RX | Other Service Provider | $110,339 | — | $110,339 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $102,323 | — | $102,323 |
| O'DONOGHUE & O'DONOGHUE | Other Service Provider | $75,198 | — | $75,198 |
| REBECCA ZACCARDI | Other Service Provider | $70,702 | — | $70,702 |
| LAW OFFICE OF KATHRYN S. SHEA | ERISA Attorney | $66,727 | — | $66,727 |
| LIVONGO | Other Service Provider | $63,010 | — | $63,010 |
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $58,960 | — | $58,960 |
| DONALD R CHRISTY | Other Service Provider | $56,183 | — | $56,183 |
| LAURA JEAN HICKEY | Other Service Provider | $55,330 | — | $55,330 |
| VSG HOSTING SUB, LLC | Other Service Provider | $52,864 | — | $52,864 |
| JAMES M BURNS | Other Service Provider | $47,657 | — | $47,657 |
| WENDY BATCHELDER | Other Service Provider | $40,953 | — | $40,953 |
| DEREK OETINGER | Other Service Provider | $40,621 | — | $40,621 |
| MODERN ASSISTANCE PROGRAMS, INC. | Other Service Provider | $39,666 | — | $39,666 |
| CBIZ BENEFITS & INSURANCE SERVICES, | Other Service Provider | $35,500 | — | $35,500 |
| KAREN L LARSEN | Other Service Provider | $34,252 | — | $34,252 |
| 617 MEDIA GROUP | Other Service Provider | $33,564 | — | $33,564 |
| KAYLA L COBB | Other Service Provider | $33,369 | — | $33,369 |
| ASHLEY MORENO | Other Service Provider | $32,422 | — | $32,422 |
| MCMC SERVICES, LLC | Other Service Provider | $20,145 | — | $20,145 |
| CTS SERVICES INC. | Other Service Provider | $19,900 | — | $19,900 |
| KROLL ASSOCIATES | Other Service Provider | $17,129 | — | $17,129 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $15,211 | — | $15,211 |
| SEGAL MARCO ADVISORS | Other Service Provider | $15,000 | — | $15,000 |
| EYEMED | Other Service Provider | $14,584 | — | $14,584 |
| IRON MOUNTAIN INC. | Other Service Provider | $12,813 | — | $12,813 |
| SEGAL SELECT INSURNACE SERVICES INC | Other Service Provider | — | $8,461 | $8,461 |
| ROBERT HALF INC. | Other Service Provider | $5,279 | — | $5,279 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,863,795
- Estimated Expense Ratio: 2.574% 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 | $2,206,934 | $132,534 | — | $58,960 | — |
| 2023 | $2,083,067 | $119,828 | — | $57,240 | — |
| 2022 | $1,926,660 | $120,952 | — | — | $681,586 |