Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Indiana Teamsters Health Benefits Fund
- Sponsor EIN: 351074113
- Sponsor Address: 6007 S. HARDING STREET, INDIANAPOLIS, IN, 46217
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 3,415
- Total Assets: $131.4M
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 | 3,415 | $131.4M | $69.9M | $50,304 |
| 2023 | 3,237 | $112.1M | $66.0M | $39,826 |
| 2022 | 3,165 | $90.4M | $62.5M | $83,622 |
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 |
|---|---|---|---|---|
| EVERSIDE HEALTH, LLC | Other Service Provider | $11,556,794 | — | $11,556,794 |
| ANTHEM INSURANCE COMPANIES | Other Service Provider | $2,058,267 | — | $2,058,267 |
| TEAMSTERS LOCAL 135 | Recordkeeper | $855,209 | — | $855,209 |
| CONIFER VALUE-BASED CARE, LLC | Other Service Provider | $641,517 | — | $641,517 |
| PARAMOUNT HEALTH | Other Service Provider | $123,700 | — | $123,700 |
| DELTA DENTAL PLAN OF INDIANA, INC. | Recordkeeper | $120,473 | — | $120,473 |
| LEDBETTER PARTNERS, LLC | ERISA Attorney | $70,585 | — | $70,585 |
| ALATEK, LLC | Other Service Provider | $64,230 | — | $64,230 |
| PILE CPAS | Auditor | $49,000 | — | $49,000 |
| THOMPSON GROUP | Insurance Carrier | $33,426 | — | $33,426 |
| AMERICAN BENEFITS | Other Service Provider | $32,712 | — | $32,712 |
| UNITED ACTUARIAL SERVICES | Actuary | $17,449 | — | $17,449 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,623,362
- Estimated Expense Ratio: 11.890% 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 | $4,952,119 | $411,230 | $2,178,740 | $50,030 | — |
| 2023 | $4,000,711 | — | $1,992,559 | $50,790 | — |
| 2022 | $8,041,965 | $109,193 | $763,968 | — | — |