Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Montana Contractors Assn Health Care Trust
- Sponsor EIN: 810449239
- Sponsor Address: P. O. BOX 30177, BILLINGS, MT, 59107
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,982
- Total Assets: $42.4M
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 | 1,982 | $42.4M | $35.2M | $0 |
| 2023 | 2,132 | $42.6M | $35.5M | $0 |
| 2022 | 2,188 | $41.3M | $36.6M | $0 |
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 |
|---|---|---|---|---|
| ALLEGIANCE BENEFIT PLAN MANAGEMENT | Other Service Provider | $1,009,233 | — | $1,009,233 |
| MCA TRUSTS ADMINISTRATIVE OFFICE | Other Service Provider | $623,795 | — | $623,795 |
| BUCKLEY MAXWELL DIXON DOLEZAL PC | Other Service Provider | $428,800 | — | $428,800 |
| NAVITUS HEALTH SOLUTIONS, LLC | Other Service Provider | $212,417 | — | $212,417 |
| EIDE BAILLY LLP | Auditor | $112,453 | — | $112,453 |
| PRINCIPAL TRUST COMPANY | Recordkeeper | $97,487 | — | $97,487 |
| THE SEGAL COMPANY, INC. | Recordkeeper | $77,520 | — | $77,520 |
| ECONO PRINT, INC. | Other Service Provider | $19,670 | — | $19,670 |
| WELLS FARGO BANK N.A. | Other Service Provider | $17,347 | — | $17,347 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY LLP — Auditor
- PRINCIPAL TRUST COMPANY — Recordkeeper
- THE SEGAL COMPANY, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,598,722
- Estimated Expense Ratio: 6.124% 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 | $3,315,444 | $114,834 | $1,221,650 | $20,100 | — |
| 2023 | $3,871,801 | $98,406 | $1,226,678 | $18,700 | — |
| 2022 | $2,630,672 | $83,749 | $1,281,589 | — | $703,977 |