# Board Of Trustees Of Twin City Ironworkers Health & Welfare Plan Health & Welfare Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-twin-city-ironworkers-health-welfare-plan-416023463-501

> Board Of Trustees Of Twin City Ironworkers Health & Welfare Plan's Health & Welfare plan: 1,397 participants, plan year 2024 financials, providers, and bench…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Of Twin City Ironworkers Health & Welfare Plan

- **Sponsor EIN:** 416023463

- **Sponsor Address:** 3001 METRO DRIVE, SUITE 500, BLOOMINGTON, MN, 55425

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 1,397

- **Total Assets:** $39.5M

## 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|1,397|$39.5M|$25.5M|$2.8M|

| 2023|1,377|$37.3M|$25.3M|$3.0M|

| 2022|1,377|$31.9M|$23.8M|$3.3M|

## 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|

| WILSON-MCSHANE CORPORATION|Other Service Provider|$640,215|—|$640,215|

| BLUELINK TPA BC/BS OF MN|Other Service Provider|$367,869|$36,078|$403,947|

| TEAM CORPORATION|Other Service Provider|$129,345|—|$129,345|

| THE SEGAL COMPANY|Other Service Provider|$80,026|—|$80,026|

| SHUMAKER, LOOP & KENDRICK, LLP.|Other Service Provider|$79,061|—|$79,061|

| ZELIS|Other Service Provider|$74,776|—|$74,776|

| CLIFTONLARSONALLEN LLP|Auditor|$54,400|—|$54,400|

| DDMN ASO, LLC|Other Service Provider|$49,762|—|$49,762|

| SAV-RX|Other Service Provider|$24,935|—|$24,935|

| LONGFELLOW INVESTMENT MANAGEMENT|Other Service Provider|$22,025|—|$22,025|

| MEKETA INVESTMENT GROUP|Other Service Provider|$16,250|$50|$16,300|

| U.S. BANK|Other Service Provider|$15,667|—|$15,667|

| US BANK|Recordkeeper|$10,000|—|$10,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — Auditor

- [US BANK](https://planprovider.pro/provider/john-hancock) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $1,600,459

- **Estimated Expense Ratio:** 4.050% 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|$1,561,684|$38,275|$1,142,959|$54,400|—|

| 2023|$1,369,984|$28,164|$1,014,022|$38,000|—|

| 2022|$1,351,928|$55,134|$1,036,923|—|$200,698|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-of-twin-city-ironworkers-health-welfare-plan-416023463-501)

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