Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Rwdsiui Health And Benefit Fund
- Sponsor EIN: 630708443
- Sponsor Address: 1901 10TH AVENUE SOUTH, BIRMINGHAM, AL, 352052601
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,317
- Total Assets: $68.8M
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 | 2,317 | $68.8M | $46.5M | $112,781 |
| 2023 | 2,106 | $64.3M | $44.6M | $264,173 |
| 2022 | 4,299 | $59.1M | $46.7M | $208,844 |
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 |
|---|---|---|---|---|
| BLUE CROSS AND BLUE SHIELD | Other Service Provider | $1,324,754 | — | $1,324,754 |
| SAVE ON SP, LLC | Other Service Provider | $494,729 | — | $494,729 |
| THE SEGAL COMPANY | Actuary | $147,000 | — | $147,000 |
| CARR, RIGGS & INGRAM, LLC | Other Service Provider | $140,858 | — | $140,858 |
| JOSHUA BREWER | Other Service Provider | $101,439 | — | $101,439 |
| FRIEDMAN & ANSPACH | ERISA Attorney | $82,099 | — | $82,099 |
| STEPHANIE M THOMAS | Other Service Provider | $72,542 | — | $72,542 |
| LISA RODGERS | Other Service Provider | $49,423 | — | $49,423 |
| BRITTANY L HILL | Other Service Provider | $46,240 | — | $46,240 |
| JASON ZOEBELEIN | Other Service Provider | $41,098 | — | $41,098 |
| WESTERN ASSET MANAGEMENT COMPANY | Investment Advisor | $37,657 | — | $37,657 |
| PROSKAUER ROSE, LLP | ERISA Attorney | $30,226 | — | $30,226 |
| SEGAL MARCO ADVISORS | Investment Advisor | $27,083 | — | $27,083 |
| KURSTON GRAY | Other Service Provider | $26,718 | — | $26,718 |
| TYLER BYARS | Other Service Provider | $26,563 | — | $26,563 |
| VALORIE PACK | Other Service Provider | $25,907 | — | $25,907 |
| SARAH MOSS | Other Service Provider | $25,468 | — | $25,468 |
| LINDA J GRIFFIN | Other Service Provider | $25,267 | — | $25,267 |
| AMALGAMATED BANK | Custodian / Trustee | $13,681 | — | $13,681 |
| KDW ENTERPRISES, LLC | Other Service Provider | $8,570 | — | $8,570 |
| DIXIE ELECTRIC COMPANY, INC. | Other Service Provider | $6,113 | — | $6,113 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,753,435
- Estimated Expense Ratio: 4.000% 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 | $3,713,048 | $76,884 | $1,324,754 | — | — |
| 2023 | $3,573,154 | $75,311 | $1,351,495 | — | — |
| 2022 | $3,362,747 | $89,121 | $1,456,746 | — | $365,341 |