Plan Snapshot
- Plan Sponsor: Board Of Trustees Plumbers Local Union No. 16 Welfare Fund
- Sponsor EIN: 470403214
- Sponsor Address: 7220 F STREET, OMAHA, NE, 68127
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 447
- Total Assets: $8.6M
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 | 447 | $8.6M | $7.4M | $499,740 |
| 2023 | 358 | $6.6M | $6.3M | $447,319 |
| 2022 | 352 | $6.2M | $6.1M | $422,569 |
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 |
|---|---|---|---|---|
| AETNA LIFE INSURANCE COMPANY | Recordkeeper | $305,237 | — | $305,237 |
| LUTZ AND COMPANY PC | Auditor | $41,500 | — | $41,500 |
| KUTAK ROCK LLP | ERISA Attorney | $41,461 | — | $41,461 |
| ACTUARIAL CONSULTING SERVICES INC. | Other Service Provider | $22,938 | — | $22,938 |
| FIRST NATIONAL BANK | Other Service Provider | $21,169 | — | $21,169 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LUTZ AND COMPANY PC — Auditor
- KUTAK ROCK LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $432,305
- Estimated Expense Ratio: 5.054% 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 | $127,068 | $21,169 | — | $41,500 | — |
| 2023 | $160,075 | $20,205 | $23,001 | $25,400 | — |
| 2022 | $210,891 | $17,945 | $97,238 | — | $95,708 |