Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Service Workers Training And Education PA
- Sponsor EIN: 812503587
- Sponsor Address: P.O. BOX 43170, PHOENIX, AZ, 850803170
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 3,562
- Total Assets: $7.4M
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 | 3,562 | $7.4M | $1.4M | $0 |
| 2023 | 2,447 | $4.8M | $667,861 | $0 |
| 2022 | 3,156 | $3.7M | $606,903 | $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 |
|---|---|---|---|---|
| UNITE HERE | Other Service Provider | $92,969 | — | $92,969 |
| FIRST BAPTIST CHURCH SILVER SPRING | Other Service Provider | $73,686 | — | $73,686 |
| CLAIRE KEVILL | Recordkeeper | $63,969 | — | $63,969 |
| WITHUMSMITH+BROWN, PC | Auditor | $51,303 | — | $51,303 |
| MCCRACKEN, STEMERMAN & HOLSBERRY | Other Service Provider | $31,301 | — | $31,301 |
| SEGAL SELECT INSURANCE, INC | Other Service Provider | $22,917 | — | $22,917 |
| CONIFER | Other Service Provider | $15,250 | — | $15,250 |
| VIVIANA ALVAREZ | Recordkeeper | $15,050 | — | $15,050 |
| AMELIA KALANT | Recordkeeper | $13,039 | — | $13,039 |
| GREAT AMERICAN INSURANCE CO. | Other Service Provider | $11,363 | — | $11,363 |
| SOUTHWEST SERVICE ADMINISTRATORS | Other Service Provider | $10,701 | — | $10,701 |
| BILLINGUAL HOSPITALITY TRAINING | Other Service Provider | $7,070 | — | $7,070 |
| ABP EXECUTIVE SOLUTIONS | Other Service Provider | $7,040 | — | $7,040 |
| PNC BANK | Other Service Provider | $6,995 | — | $6,995 |
| CYNETHIA WILLIAMS | Recordkeeper | $5,600 | — | $5,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLAIRE KEVILL — Recordkeeper
- WITHUMSMITH+BROWN, PC — Auditor
- VIVIANA ALVAREZ — Recordkeeper
- AMELIA KALANT — Recordkeeper
- CYNETHIA WILLIAMS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $428,253
- Estimated Expense Ratio: 5.809% 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 | $282,281 | $6,184 | $20,838 | $26,268 | — |
| 2023 | $342,027 | $1,550 | $31,544 | $33,938 | — |
| 2022 | $248,310 | $1,482 | $27,239 | — | $99,937 |