Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Madison Area Construction Employees Trust - Healt
- Sponsor EIN: 396046679
- Sponsor Address: 2901 W. BELTLINE HIGHWAY, SUITE 100, MADISON, WI, 53713
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 867
- Total Assets: $25.2M
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 | 867 | $25.2M | $16.0M | $388,049 |
| 2023 | 851 | $22.7M | $15.5M | $329,753 |
| 2022 | 759 | $18.0M | $13.7M | $328,689 |
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 |
|---|---|---|---|---|
| BENESYS, INC. | Other Service Provider | $382,630 | — | $382,630 |
| BLUE CROSS BLUE SHIELD OF WISCONSIN | Other Service Provider | $283,923 | — | $283,923 |
| KOVITZ INVESTMENT GROUP PARTNERS | Other Service Provider | $103,295 | — | $103,295 |
| LEE JOST & ASSOCIATES | Other Service Provider | $66,500 | — | $66,500 |
| THE PREVIANT LAW FIRM, S.C. | Other Service Provider | $41,644 | — | $41,644 |
| MEDEXPERT | Other Service Provider | $30,865 | — | $30,865 |
| SIKICH CPA LLC | Auditor | $24,750 | — | $24,750 |
| BMO FINANCIAL GROUP | Other Service Provider | $20,992 | — | $20,992 |
| AURORA EMPLOYER SOLUTIONS | Other Service Provider | $17,477 | — | $17,477 |
| US BANK | Other Service Provider | $13,803 | — | $13,803 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $985,879
- Estimated Expense Ratio: 3.905% 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 | $702,204 | $124,288 | $369,934 | $24,750 | — |
| 2023 | $674,977 | $118,851 | $369,956 | $36,052 | — |
| 2022 | $636,516 | $99,198 | $379,694 | — | $111,694 |