Plan Snapshot
- Plan Sponsor: Board Of Trustees-Sheet Metal Local 110 Health Fund
- Sponsor EIN: 550711972
- Sponsor Address: 2001 CALDWELL DRIVE, GOODLETSVILLE, TN, 370701449
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 813
- Total Assets: $17.8M
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 | 813 | $17.8M | $15.0M | $1.4M |
| 2023 | 811 | $17.9M | $13.5M | $1.5M |
| 2022 | 465 | $16.6M | $9.7M | $1.5M |
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 |
|---|---|---|---|---|
| SOUTHERN BENEFIT ADMINISTRATORS | Other Service Provider | $165,000 | — | $165,000 |
| BMS LLC | Other Service Provider | $83,751 | — | $83,751 |
| WAYNE & ASSOCIATES | Other Service Provider | $28,210 | — | $28,210 |
| STANDARD VALUATION, INC. | Other Service Provider | $25,625 | — | $25,625 |
| LEDBETTER PARTNERS LLC | Other Service Provider | $14,746 | — | $14,746 |
| MANNING AND NAPIER | Other Service Provider | $13,353 | — | $13,353 |
| CS MCKEE LP | Other Service Provider | $10,457 | — | $10,457 |
| UNITED ACTUARIAL SERVICES INC. | Other Service Provider | $9,490 | — | $9,490 |
| FRANK N HESTAND CPA PSC | Auditor | $9,000 | — | $9,000 |
| FIFTH THIRD BANK | Other Service Provider | $7,275 | — | $7,275 |
| SEGALL BRYANT & HAMIL | Other Service Provider | $7,067 | — | $7,067 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FRANK N HESTAND CPA PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $373,974
- Estimated Expense Ratio: 2.106% 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 | $391,562 | $63,778 | $248,751 | $9,000 | — |
| 2023 | $425,405 | $85,691 | $259,850 | $9,184 | — |
| 2022 | $399,645 | $83,616 | $224,707 | — | $53,878 |