Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Teamsters Health & Welfare Fund Of Phila & Vicin
- Sponsor EIN: 231392600
- Sponsor Address: 2500 MCCLELLAN AVENUE, SUITE 140, PENNSAUKEN, NJ, 08109
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 8,899
- Total Assets: $165.9M
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 | 8,899 | $165.9M | $116.4M | $602,684 |
| 2023 | 8,572 | $163.2M | $114.6M | $607,484 |
| 2022 | 9,081 | $155.7M | $114.1M | $219,427 |
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 |
|---|---|---|---|---|
| ADMINISTRATIVE SERVICE PROFESSIONAL | Other Service Provider | $4,401,000 | — | $4,401,000 |
| HORIZON HEALTHCARE SERVICES, INC. | Other Service Provider | $2,381,903 | — | $2,381,903 |
| CAPITAL RX | Other Service Provider | $1,043,389 | — | $1,043,389 |
| GUARDIAN NURSES HEALTHCARE ADVOCATE | Other Service Provider | $464,677 | — | $464,677 |
| SWORD HEALTH | Other Service Provider | $341,925 | — | $341,925 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $322,623 | — | $322,623 |
| ZELIS CLAIMS INTEGRITY INC. | Other Service Provider | $320,501 | — | $320,501 |
| COLOR HEALTH, INC. | Other Service Provider | $262,852 | — | $262,852 |
| STEVENS & LEE | ERISA Attorney | $253,777 | — | $253,777 |
| CALL A DOCTOR PLUS (DOXA DBA) | Other Service Provider | $253,342 | — | $253,342 |
| CASTLIGHT HEALTH, INC. | Other Service Provider | $228,454 | — | $228,454 |
| BANNER RIDGE PARTNERS LP | Other Service Provider | $210,652 | — | $210,652 |
| MARKOWITZ & RICHMAN | Other Service Provider | $142,468 | — | $142,468 |
| RBC WEALTH MANAGEMENT | Recordkeeper | $141,636 | — | $141,636 |
| TOTAL CARE NETWORK, INC. | Other Service Provider | $129,859 | — | $129,859 |
| ZELIS PAYMENTS HOLDINGS, LLC | Other Service Provider | $99,541 | — | $99,541 |
| WITHUMSMITH+BROWN, PC | Auditor | $74,880 | — | $74,880 |
| FOSTER & FOSTER, INC. | Other Service Provider | $73,025 | — | $73,025 |
| NOVAK FRANCELLA, LLC | Auditor | $60,000 | — | $60,000 |
| LV PRINT CENTER LLC | Other Service Provider | $50,740 | — | $50,740 |
| PHARMACY INVESTIGATORS & CONSULTANT | Other Service Provider | $50,000 | — | $50,000 |
| FAIR HEALTH, INC. | Other Service Provider | $42,500 | — | $42,500 |
| NATIONAL VISION ADMINISTRATORS, LLC | Other Service Provider | $35,008 | — | $35,008 |
| WILLIAM EINHORN | Other Service Provider | $15,500 | — | $15,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STEVENS & LEE — ERISA Attorney
- RBC WEALTH MANAGEMENT — Recordkeeper
- WITHUMSMITH+BROWN, PC — Auditor
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,400,252
- Estimated Expense Ratio: 6.871% 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 | $5,722,321 | $210,652 | $4,401,000 | $134,880 | — |
| 2023 | $9,776,634 | $138,428 | $3,797,000 | $65,000 | — |
| 2022 | $9,301,314 | $145,721 | $3,576,000 | — | $363,778 |