Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Plasterers And Cabinet Makers Health Fund
- Sponsor EIN: 416039051
- Sponsor Address: 3001 METRO DRIVE, SUITE 500, BLOOMINGTON, MN, 554251412
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 289
- Total Assets: $3.3M
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 | 289 | $3.3M | $4.5M | $168,135 |
| 2023 | 443 | $5.3M | $5.8M | $158,678 |
| 2022 | 471 | $5.7M | $5.8M | $197,427 |
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 | $315,983 | — | $315,983 |
| BCBSMN, INC. | Other Service Provider | $126,547 | $9,541 | $136,088 |
| SHUMAKER, LOOP & KENDRICK, LLP | Other Service Provider | $93,468 | — | $93,468 |
| THE MCKEOGH COMPANY | Other Service Provider | $52,250 | — | $52,250 |
| LEGACY PROFESSIONALS LLP | Auditor | $20,500 | — | $20,500 |
| STANDARD VALUATIONS, INC. | Other Service Provider | $18,000 | — | $18,000 |
| DDMN ASO, LLC | Other Service Provider | $10,229 | — | $10,229 |
| UNION BANK AND TRUST | ERISA Attorney | $5,520 | — | $5,520 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
- UNION BANK AND TRUST — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $652,038
- Estimated Expense Ratio: 19.503% 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 | $534,752 | $22,708 | $314,498 | $20,500 | — |
| 2023 | $250,900 | $23,383 | $56,750 | $19,500 | — |
| 2022 | $188,994 | $33,276 | $36,000 | — | $107,496 |