Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Heartland Healthcare Fund
- Sponsor EIN: 020656066
- Sponsor Address: 3001 METRO DRIVE, BLOOMINGTON, MN, 55425
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $0 | $0 |
| 2024 | 1,712 | $47.4M | $29.8M | $1.6M |
| 2023 | 1,638 | $48.1M | $28.5M | $1.6M |
| 2022 | 1,814 | $49.3M | $30.1M | $1.6M |
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 | $987,825 | — | $987,825 |
| BLUE CROSS AND BLUE SHIELD OF MN | Other Service Provider | $616,347 | $99,325 | $715,672 |
| EXPRESS SCRIPTS | Other Service Provider | $292,451 | — | $292,451 |
| THE SEGAL COMPANY | Other Service Provider | $108,322 | — | $108,322 |
| DELTA DENTAL OF IOWA | Other Service Provider | $96,224 | — | $96,224 |
| BLAKE & UHLIG, PA | Other Service Provider | $65,276 | — | $65,276 |
| MACNELL ACCOUNTING & CONSULTING LLP | Other Service Provider | $53,234 | — | $53,234 |
| CLIFTONLARSONALLEN LLP | Other Service Provider | $52,734 | — | $52,734 |
| SEGAL MARCO ADVISORS | Other Service Provider | $41,872 | — | $41,872 |
| SEGALL, BRYANT & HAMILL | Other Service Provider | $34,689 | — | $34,689 |
| ASB CAPITAL MANAGEMENT | Other Service Provider | $28,657 | — | $28,657 |
| U.S. BANK | Other Service Provider | $28,084 | — | $28,084 |
| US BANK NA | Other Service Provider | $20,413 | — | $20,413 |
| ROMOLO & ASSOCIATES | Other Service Provider | $18,909 | — | $18,909 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $8,739 | — | $8,739 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,553,101
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 | $35,691,921 | $113,340 | $1,968,116 | $52,734 | — |
| 2024 | $2,469,968 | $124,320 | $1,960,563 | $54,571 | — |
| 2023 | $2,336,019 | $132,442 | $1,867,201 | $46,532 | — |
| 2022 | $2,026,691 | $150,436 | $1,602,193 | — | $211,020 |