Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Central Illinois Carpenters Health And Welfare Fu
- Sponsor EIN: 371117215
- Sponsor Address: 200 S MADIGAN DRIVE, LINCOLN, IL, 62656
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,999
- Total Assets: $81.8M
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. |
|---|---|---|---|---|
| 2025 | 1,999 | $81.8M | $0 | $0 |
| 2024 | 1,922 | $75.0M | $31.3M | $2.3M |
| 2023 | 1,909 | $72.9M | $31.1M | $2.4M |
| 2022 | 1,722 | $66.4M | $26.3M | $2.5M |
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 |
|---|---|---|---|---|
| EXPRESS SCRIPTS, INC. | Other Service Provider | $332,183 | — | $332,183 |
| CAVANAGH & O'HARA | Other Service Provider | $120,968 | — | $120,968 |
| EMPLOYEE 2 | Other Service Provider | $109,853 | — | $109,853 |
| WEX | Other Service Provider | $109,498 | — | $109,498 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $104,301 | — | $104,301 |
| EMPLOYEE 1 | Other Service Provider | $102,311 | — | $102,311 |
| ROMOLO & ASSOCIATES, LLC | Other Service Provider | $94,981 | — | $94,981 |
| EMPLOYEE 5 | Other Service Provider | $88,251 | — | $88,251 |
| EMPLOYEE 6 | Other Service Provider | $85,684 | — | $85,684 |
| EMPLOYEE 8 | Other Service Provider | $85,554 | — | $85,554 |
| EMPLOYEE 4 | Other Service Provider | $82,546 | — | $82,546 |
| EMPLOYEE 3 | Other Service Provider | $82,087 | — | $82,087 |
| UNITED ACTUARIAL SERVICES, INC. | Other Service Provider | $76,792 | — | $76,792 |
| MID-AMERICA CARP REG CNCL BEN FDS | Other Service Provider | $64,070 | — | $64,070 |
| EMPLOYEE 7 | Other Service Provider | $53,553 | — | $53,553 |
| LEVI, RAY, & SHOUP, INC | Other Service Provider | $53,529 | — | $53,529 |
| UNITED SYSTEMS AND SOFTWARE, INC | Other Service Provider | $52,160 | — | $52,160 |
| MORGAN STANLEY SMITH BARNEY | Other Service Provider | $32,016 | — | $32,016 |
| FRANKLIN TEMPLETON | Other Service Provider | $28,859 | — | $28,859 |
| WEAVER C BARKSDALE & ASSOCIATES, IN | Other Service Provider | $20,658 | — | $20,658 |
| CARPENTERS PENSION FUND OF ILLINOIS | Other Service Provider | $18,213 | — | $18,213 |
| THE SEGAL COMPANY (EASTERN STATES), | Other Service Provider | $15,538 | — | $15,538 |
| ILLINOIS NATIONAL BANK | Other Service Provider | $10,756 | — | $10,756 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,824,361
- Estimated Expense Ratio: 2.230% 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 |
|---|---|---|---|---|---|
| 2025 | $39,025,097 | $32,000 | $753,056 | $30,000 | — |
| 2024 | $2,454,755 | $32,000 | $710,151 | $25,200 | — |
| 2023 | $2,230,770 | $82,502 | $429,582 | $25,200 | — |
| 2022 | $2,185,154 | $124,721 | $355,557 | — | $421,561 |