Plan Snapshot
- Plan Sponsor: Board Of Trustees - Southwest Laborers' Health And Welfare Plan
- Sponsor EIN: 746104544
- Sponsor Address: P.O. BOX 1449, GOODLETTSVILLE, TN, 37070
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,356
- Total Assets: $15.2M
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 | 1,356 | $15.2M | $15.2M | $53,828 |
| 2023 | 1,286 | $12.6M | $13.2M | $64,426 |
| 2022 | 1,571 | $14.3M | $13.5M | $50,342 |
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 ILLINOIS | Other Service Provider | $771,425 | — | $771,425 |
| SOUTHERN BENEFIT ADMINISTRATORS | Other Service Provider | $408,000 | — | $408,000 |
| RYAN BENEFITS, INC. | Other Service Provider | $81,250 | — | $81,250 |
| SWIFTMD | Other Service Provider | $35,748 | — | $35,748 |
| DANIELS, IRWIN & AYLOR | Auditor | $20,100 | — | $20,100 |
| UBS FINANCIAL SERVICES, INC. | Recordkeeper | $18,281 | — | $18,281 |
| HEALTHSMART | Other Service Provider | $15,131 | — | $15,131 |
| ROBEIN, URANN, SPENCER, PICARD APLC | Other Service Provider | $11,590 | — | $11,590 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DANIELS, IRWIN & AYLOR — Auditor
- UBS FINANCIAL SERVICES, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,361,525
- Estimated Expense Ratio: 8.934% 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 | $1,537,237 | $18,281 | $408,000 | $20,100 | — |
| 2023 | $1,497,072 | $24,837 | $408,000 | $15,910 | — |
| 2022 | $1,418,694 | $26,405 | $408,000 | — | $37,397 |