Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Plumbers 74 Welfare Fund
- Sponsor EIN: 516174595
- Sponsor Address: 501 CARR RD SUITE 220, WILMINGTON, DE, 198092866
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 561
- Total Assets: $23.2M
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 | 561 | $23.2M | $12.3M | $1.2M |
| 2023 | 554 | $20.9M | $12.4M | $1.1M |
| 2022 | 501 | $20.0M | $9.6M | $1.2M |
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 |
|---|---|---|---|---|
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $332,996 | — | $332,996 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $120,994 | — | $120,994 |
| BOLTON PARTNERS INC | Other Service Provider | $49,316 | — | $49,316 |
| YOUNG CONAWAY STARGATT TAYLOR | Other Service Provider | $41,279 | — | $41,279 |
| DELTA DENTAL | Other Service Provider | $38,712 | — | $38,712 |
| WHISMAN GIORDANO & ASSOCIATES LLC | Auditor | $25,692 | — | $25,692 |
| SAGE ADVISORY SERVICES | Other Service Provider | $24,027 | — | $24,027 |
| HOLROYD GELMAN, P.C. | Other Service Provider | $17,045 | — | $17,045 |
| NOVAK FRANCELLA | Auditor | $13,849 | — | $13,849 |
| MORGAN STANLEY SMITH BARNEY | Recordkeeper | $12,500 | — | $12,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WHISMAN GIORDANO & ASSOCIATES LLC — Auditor
- NOVAK FRANCELLA — Auditor
- MORGAN STANLEY SMITH BARNEY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $676,410
- Estimated Expense Ratio: 2.919% 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 | $750,501 | $45,966 | $107,623 | — | — |
| 2023 | $698,019 | $38,765 | $101,828 | — | — |
| 2022 | $732,672 | $36,478 | $98,874 | — | $184,881 |