Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Health & Welfare Fund Of Local Union 73
- Sponsor EIN: 237111189
- Sponsor Address: 6051 CAREY DRIVE, VALLEY VIEW, OH, 44125
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 101
- Total Assets: $2.7M
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 | 101 | $2.7M | $1.5M | $31,112 |
| 2023 | 89 | $2.6M | $1.4M | $65,951 |
| 2022 | 89 | $2.4M | $1.5M | $112,554 |
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 |
|---|---|---|---|---|
| CPI-HR | Other Service Provider | $55,000 | — | $55,000 |
| TEAMSTERS LOCAL 73 PENSION | Other Service Provider | $37,565 | — | $37,565 |
| J. SCHAEFER & COMPANY LLC | Auditor | $14,400 | — | $14,400 |
| FAULKNER HOFFMAN & PHILLIPS | Other Service Provider | $12,049 | — | $12,049 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- J. SCHAEFER & COMPANY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,014
- Estimated Expense Ratio: 4.348% 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 | $143,087 | $3,750 | $37,565 | $14,400 | — |
| 2023 | $140,963 | $5,000 | $29,665 | $14,400 | — |
| 2022 | $102,313 | $5,802 | $25,787 | — | $48,522 |