# Board Of Trustees Of Industry & Local 338 Welfare Fund Health & Welfare Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-industry-local-338-welfare-fund-131818220-501

> Board Of Trustees Of Industry & Local 338 Welfare Fund's Health & Welfare plan: 117 participants, plan year 2024 financials, providers, and benchmarks from F…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Of Industry & Local 338 Welfare Fund

- **Sponsor EIN:** 131818220

- **Sponsor Address:** C/O ASSOCIATED ADMINISTRATORS, LLC, SPARKS, MD, 21152

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 117

- **Total Assets:** $6.8M

## 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.|

| 2024|117|$6.8M|$2.5M|$0|

| 2023|122|$6.6M|$2.2M|$0|

| 2022|117|$7.2M|$2.0M|$3,601|

## 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|

| ASSOCIATED ADMINISTRATORS, LLC|Other Service Provider|$87,564|—|$87,564|

| EMPIRE HEALTHCARE ASSURANCE, INC|Other Service Provider|$75,654|—|$75,654|

| SCHULTHEIS & PANETTIERI, LLP|Auditor|$62,773|—|$62,773|

| EXPRESS SCRIPTS INC|Other Service Provider|$42,800|—|$42,800|

| THE SEGAL CO (EASTERN STATES), INC|Other Service Provider|$25,000|—|$25,000|

| SEI INVESTMENT MANAGEMENT CORP|Other Service Provider|$16,672|—|$16,672|

| KAUFF MCGUIRE & MARGOLIS, LLP|Other Service Provider|$14,680|—|$14,680|

| CHEIRON, INC|Other Service Provider|$13,750|—|$13,750|

### Verified Provider Profiles

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

- [SCHULTHEIS & PANETTIERI, LLP](https://planprovider.pro/provider/schultheis-and-panettieri-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $338,893

- **Estimated Expense Ratio:** 4.997% 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|$239,120|$16,671|$87,564|$36,000|—|

| 2023|$218,423|$17,405|$84,288|$36,000|—|

| 2022|$249,309|$18,180|$81,441|—|$129,983|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-of-industry-local-338-welfare-fund-131818220-501)

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