Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Plumbers Lu 690 Health Plan
- Sponsor EIN: 231512313
- Sponsor Address: 2791 SOUTHAMPTON ROAD, PHILADELPHIA, PA, 191541296
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 900
- Total Assets: $68.0M
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 | 900 | $68.0M | $24.9M | $1.4M |
| 2023 | 941 | $64.0M | $26.6M | $1.3M |
| 2022 | 931 | $59.2M | $25.2M | $1.4M |
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 | Other Service Provider | $1,244,399 | — | $1,244,399 |
| CHARTWELL INVESTMENT PARTNERS, LLC | Other Service Provider | $123,461 | — | $123,461 |
| BOYD WATERSON ASSET MGMT, LLC | Other Service Provider | $119,703 | — | $119,703 |
| EMPLOYEE A | Recordkeeper | $93,265 | — | $93,265 |
| EMPLOYEE B | Recordkeeper | $82,390 | — | $82,390 |
| THE MCKEOGH COMPANY | Other Service Provider | $79,558 | — | $79,558 |
| PLUMBERS LOCAL UNION NO. 690 | Other Service Provider | $48,037 | — | $48,037 |
| EMPLOYEE C | Recordkeeper | $45,130 | — | $45,130 |
| O'DONOGHUE & O'DONOGHUE LLP | Other Service Provider | $42,346 | — | $42,346 |
| EMPLOYEE D | Recordkeeper | $41,498 | — | $41,498 |
| DANIEL A. WINTERS AND COMPANY, CPAS | Auditor | $37,489 | — | $37,489 |
| EMPLOYEE E | Recordkeeper | $37,147 | — | $37,147 |
| KANG HAGGERTY | Other Service Provider | $36,438 | — | $36,438 |
| EMPLOYEE F | Recordkeeper | $35,481 | — | $35,481 |
| EMPLOYEE G | Recordkeeper | $35,131 | — | $35,131 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $30,311 | — | $30,311 |
| INVESTMENT PERFORMANCE SERVICES | Other Service Provider | $29,250 | — | $29,250 |
| CAPSTONE INSURANCE | Other Service Provider | $28,018 | — | $28,018 |
| EMPLOYEE H | Recordkeeper | $27,913 | — | $27,913 |
| ALLIED TRADES ASSISTANCE PROGRAM | Other Service Provider | $27,373 | — | $27,373 |
| ELMCRX SOLUTIONS LLC | Other Service Provider | $19,193 | — | $19,193 |
| PRINCIPAL CUSTODY SOLUTIONS | Other Service Provider | $11,079 | — | $11,079 |
| NVA | Other Service Provider | $7,472 | — | $7,472 |
| COMPUDAT SYSTEMS, INC. | Other Service Provider | $6,870 | — | $6,870 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EMPLOYEE A — Recordkeeper
- EMPLOYEE B — Recordkeeper
- EMPLOYEE C — Recordkeeper
- EMPLOYEE D — Recordkeeper
- DANIEL A. WINTERS AND COMPANY, CPAS — Auditor
- EMPLOYEE E — Recordkeeper
- EMPLOYEE F — Recordkeeper
- EMPLOYEE G — Recordkeeper
- EMPLOYEE H — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,288,952
- Estimated Expense Ratio: 3.368% 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 | $2,250,303 | $318,802 | — | $37,489 | — |
| 2023 | $2,313,784 | $296,208 | — | $35,628 | — |
| 2022 | $2,067,156 | $278,761 | — | — | $214,923 |