Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Iron Workers Local 395 Trust Fund
- Sponsor EIN: 356327302
- Sponsor Address: ZENITH AMERICAN SOLUTIONS, INC., OAK BROOK, IL, 60523
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 699
- Total Assets: $63.2M
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 | 699 | $63.2M | $16.4M | $2.2M |
| 2023 | 674 | $61.8M | $15.9M | $2.2M |
| 2022 | 671 | $57.8M | $15.3M | $2.2M |
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 |
|---|---|---|---|---|
| ZENITH AMERICAN SOLUTIONS INC. | Other Service Provider | $490,192 | $174,931 | $665,123 |
| MARATHON HEALTH | Other Service Provider | $463,756 | — | $463,756 |
| ANTHEM INSURANCE COMPANIES INC | Other Service Provider | $385,810 | — | $385,810 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $254,476 | — | $254,476 |
| UNION EYES LLC | Other Service Provider | $222,931 | — | $222,931 |
| FOSTER AND FOSTER INC | Other Service Provider | $76,060 | — | $76,060 |
| LEGACY PROFESSIONALS LLP | Auditor | $40,280 | — | $40,280 |
| ASHER, GITTLER & D'ALBA, LTD | Other Service Provider | $37,504 | — | $37,504 |
| SAV-RX PRESCRIPTION SERVICES | Other Service Provider | $29,532 | — | $29,532 |
| CAPFINANCIAL PARTNERS, LLC | Other Service Provider | $26,250 | — | $26,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,201,722
- Estimated Expense Ratio: 3.485% 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 | $692,507 | $26,250 | $436,074 | $25,600 | — |
| 2023 | $681,768 | $25,000 | $452,599 | $25,300 | — |
| 2022 | $671,393 | $25,000 | $414,819 | — | $159,615 |