Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Sheetmetal Workers Local 91 Health And Welfare Pl
- Sponsor EIN: 362525679
- Sponsor Address: 8124 42ND STREET WEST, ROCK ISLAND, IL, 61201
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 887
- Total Assets: $45.3M
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 | 887 | $45.3M | $10.7M | $963,935 |
| 2023 | 848 | $44.7M | $10.4M | $861,934 |
| 2022 | 819 | $44.2M | $9.9M | $804,156 |
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 |
|---|---|---|---|---|
| QUAD CITY BANK AND TRUST | Other Service Provider | $117,417 | — | $117,417 |
| TELLIGEN, INC | Other Service Provider | $65,962 | — | $65,962 |
| AHI/RJ LEE & ASSOCIATES | Other Service Provider | $63,500 | — | $63,500 |
| EMPLOYEE 1 | Recordkeeper | $60,333 | — | $60,333 |
| EMPLOYEE 2 | Recordkeeper | $60,303 | — | $60,303 |
| ROMOLO & ASSOCIATES, CPA'S, LLC | Other Service Provider | $36,400 | — | $36,400 |
| UNITED ACTUARIAL SERVICES INC | Other Service Provider | $9,000 | — | $9,000 |
| MCCARTHY CALLAS & FEENEY PC | Other Service Provider | $8,091 | — | $8,091 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EMPLOYEE 1 — Recordkeeper
- EMPLOYEE 2 — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $421,006
- Estimated Expense Ratio: 0.930% 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 | $679,599 | — | $63,500 | $18,500 | — |
| 2023 | $636,552 | — | $63,500 | $18,500 | — |
| 2022 | $669,322 | $104,513 | — | — | $117,571 |