Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Painters Local 802 Health & Welfare Fund
- Sponsor EIN: 396078181
- Sponsor Address: 2901 W BELTLINE HIGHWAY #100, MADISON, WI, 53713
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 345
- Total Assets: $7.3M
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 | 345 | $7.3M | $6.1M | $138,940 |
| 2023 | 326 | $6.9M | $5.9M | $110,034 |
| 2022 | 312 | $5.6M | $4.8M | $112,854 |
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 | $184,138 | — | $184,138 |
| BLUE CROSS BLUE SHIELD OF WISCONSIN | Other Service Provider | $110,653 | — | $110,653 |
| LEE JOST & ASSOCIATES | Other Service Provider | $88,100 | — | $88,100 |
| THE PREVIANT LAW FIRM, S.C. | Other Service Provider | $33,888 | — | $33,888 |
| SIKICH CPA LLC | Auditor | $25,600 | — | $25,600 |
| US BANK N.A. | Other Service Provider | $23,044 | — | $23,044 |
| MEDEXPERT INTERRNATIONAL, INC. | Other Service Provider | $21,600 | — | $21,600 |
| DELTA DENTAL OF WISCONSIN | Other Service Provider | $18,113 | — | $18,113 |
| STRATEGIC CAPITAL INVESTMENT | Other Service Provider | $17,500 | — | $17,500 |
| EXPRESS SCRIPTS | Other Service Provider | $9,241 | — | $9,241 |
| AURORA EMPLOYER SOLUTIONS | Other Service Provider | $9,031 | — | $9,031 |
| WEX HEALTH, INC. | ERISA Attorney | $7,658 | — | $7,658 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — Auditor
- WEX HEALTH, INC. — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $548,566
- Estimated Expense Ratio: 7.490% 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 | $434,810 | $13,130 | $48,615 | $27,714 | — |
| 2023 | $326,137 | $9,159 | $44,160 | $26,055 | — |
| 2022 | $300,263 | $10,501 | $42,443 | — | $169,962 |