Plan Snapshot
- Plan Sponsor: Board Of Trustees Phoenix Painting Industry Health And Welfare Tr Fund
- Sponsor EIN: 866051048
- Sponsor Address: PO BOX 43170, PHOENIX, AZ, 850803170
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 625
- Total Assets: $12.3M
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 | 625 | $12.3M | $7.8M | $24,336 |
| 2023 | 579 | $10.1M | $6.5M | $0 |
| 2022 | 516 | $8.0M | $4.8M | $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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF ARIZONA | Other Service Provider | $346,402 | — | $346,402 |
| THE SEGAL COMPANY | Recordkeeper | $48,800 | — | $48,800 |
| SOUTHWEST SERVICE ADMINISTRATORS | Other Service Provider | $45,531 | — | $45,531 |
| KELLEY LAW GROUP | ERISA Attorney | $12,987 | — | $12,987 |
| MERRILL LYNCH | Other Service Provider | $11,872 | — | $11,872 |
| BALDWIN MOFFITT BEHM LLP | Other Service Provider | $10,082 | — | $10,082 |
| SEGAL SELECT INSURANCE BROKERAGE | Other Service Provider | $6,075 | — | $6,075 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE SEGAL COMPANY — Recordkeeper
- KELLEY LAW GROUP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $481,749
- Estimated Expense Ratio: 3.920% 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 | $490,019 | $11,872 | $40,356 | $10,082 | — |
| 2023 | $424,464 | $8,717 | $40,356 | $10,000 | — |
| 2022 | $334,677 | $7,397 | $39,762 | — | $58,709 |