Plan Snapshot
- Plan Sponsor: Board Of Trustees, Pipe Industry Health And Welfare
- Sponsor EIN: 840456274
- Sponsor Address: 1391 SPEER BLVD STE 450, DENVER, CO, 80204
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,787
- Total Assets: $52.3M
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 | 2,787 | $52.3M | $46.3M | $182,019 |
| 2023 | 2,639 | $46.2M | $43.8M | $239,394 |
| 2022 | 2,576 | $43.4M | $41.3M | $149,961 |
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 |
|---|---|---|---|---|
| UMR, INC. | Other Service Provider | $1,622,375 | $29,212 | $1,651,587 |
| EMPLOYEE 1 | Recordkeeper | $279,279 | — | $279,279 |
| EMPLOYEE 3 | Recordkeeper | $127,585 | — | $127,585 |
| EMPLOYEE 4 | Recordkeeper | $103,726 | — | $103,726 |
| EMPLOYEE 2 | Recordkeeper | $101,122 | — | $101,122 |
| MILLER KAPLAN ARASE LLP | Auditor | $74,462 | — | $74,462 |
| SEGAL CONSULTING | Recordkeeper | $68,200 | — | $68,200 |
| SPENCER FANE LLP | ERISA Attorney | $59,797 | — | $59,797 |
| WEX HEALTH INC. | Other Service Provider | $37,135 | — | $37,135 |
| RICHMOND CAPITAL MANAGEMENT, INC | Other Service Provider | $33,123 | — | $33,123 |
| INNOVEST PORTFOLIO SOLUTIONS LLC | Other Service Provider | $25,065 | — | $25,065 |
| ORRANGE POLITICAL STRATEGIES | Other Service Provider | $24,000 | — | $24,000 |
| SEGAL BRYANT & HAMILL | Other Service Provider | $23,784 | — | $23,784 |
| PRINCIPAL LIFE INSURANCE COMPANY | Other Service Provider | $12,252 | — | $12,252 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EMPLOYEE 1 — Recordkeeper
- EMPLOYEE 3 — Recordkeeper
- EMPLOYEE 4 — Recordkeeper
- EMPLOYEE 2 — Recordkeeper
- MILLER KAPLAN ARASE LLP — Auditor
- SEGAL CONSULTING — Recordkeeper
- SPENCER FANE LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,621,117
- Estimated Expense Ratio: 5.007% 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 | $1,359,397 | $81,972 | — | $25,200 | — |
| 2023 | $1,397,581 | $78,600 | — | $24,000 | — |
| 2022 | $1,186,033 | $81,519 | — | — | $298,024 |