# Board Of Trustees Of Carpenters & Joiners Welfare Fund 401(k) Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-carpenters-joiners-welfare-fund-416024791-501

> Board Of Trustees Of Carpenters & Joiners Welfare Fund's 401(k) plan: 11,199 participants, plan year 2024 financials, providers, and benchmarks from Form 550…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Of Carpenters & Joiners Welfare Fund

- **Sponsor EIN:** 416024791

- **Sponsor Address:** 3001 METRO DRIVE, SUITE 500, BLOOMINGTON, MN, 55425

- **Plan Type:** 401(k)

- **Plan Number:** 501

- **Total Participants:** 11,199

- **Total Assets:** $349.6M

## 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|11,199|$349.6M|$230.6M|$23.0M|

| 2023|11,778|$341.7M|$228.6M|$23.4M|

| 2022|11,628|$304.9M|$215.3M|$23.9M|

## 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|

| WILSON-MCSHANE CORPORATION|Other Service Provider|$4,905,288|—|$4,905,288|

| UMR|Other Service Provider|$3,821,373|$171,802|$3,993,175|

| T.E.A.M, LLC ADMINISTRATORS|Other Service Provider|$1,043,199|—|$1,043,199|

| EXPRESS SCRIPTS, INC.|Other Service Provider|$857,275|—|$857,275|

| REINHART BOERNER VAN DEUREN S.C.|Other Service Provider|$472,011|—|$472,011|

| STRATACOR|Other Service Provider|$352,144|—|$352,144|

| THE SEGAL COMPANY (MIDWEST) INC.|Other Service Provider|$193,663|—|$193,663|

| KUTAK ROCK LLP|Other Service Provider|$142,290|—|$142,290|

| RAFF PRINTING INC|Other Service Provider|$62,590|—|$62,590|

| UNION BANK AND TRUST|ERISA Attorney|$40,084|—|$40,084|

| SEGAL MARCO ADVISORS|Other Service Provider|$30,257|—|$30,257|

| CLIFTONLARSONALLEN LLP|Auditor|$29,715|—|$29,715|

| STATE STREET GLOBAL ADVISORS TRUST|Other Service Provider|$28,683|—|$28,683|

| ZELIS|Other Service Provider|$22,982|—|$22,982|

| INVESCO TRUST COMPANY|Other Service Provider|$12,076|—|$12,076|

| CASE MANAGEMENT SPECIALIST INC|Other Service Provider|$8,161|—|$8,161|

| FRSECURE LLC|Other Service Provider|$8,125|—|$8,125|

| THE WAGNER LAW GROUP|ERISA Attorney|$7,699|—|$7,699|

### Verified Provider Profiles

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

- [UNION BANK AND TRUST](https://planprovider.pro/provider/the-wagner-law-group) — ERISA Attorney

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — Auditor

- [THE WAGNER LAW GROUP](https://planprovider.pro/provider/the-wagner-law-group) — ERISA Attorney

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $12,209,417

- **Estimated Expense Ratio:** 3.492% 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|$11,811,853|$110,997|$10,965,991|$29,715|—|

| 2023|$10,179,637|$74,044|$9,191,316|$39,974|—|

| 2022|$11,659,449|$74,728|$11,015,882|—|$361,558|

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