Plan Snapshot
- Plan Sponsor: Board Of Trustees, Steamfitters Local #449 Medical & Benefit Fund
- Sponsor EIN: 256032450
- Sponsor Address: 232 WISE ROAD, SUITE #330, HARMONY, PA, 16037
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,723
- Total Assets: $100.8M
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 | 1,723 | $100.8M | $39.2M | $4.6M |
| 2023 | 1,716 | $92.8M | $37.2M | $4.7M |
| 2022 | 1,686 | $84.8M | $35.5M | $4.3M |
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 |
|---|---|---|---|---|
| HIGHMARK | Other Service Provider | $1,475,164 | — | $1,475,164 |
| CDS ADMINISTRATORS | Other Service Provider | $308,528 | — | $308,528 |
| DELTA DENTAL | Other Service Provider | $76,746 | — | $76,746 |
| MOBILE MEDICAL CORPORATION | Other Service Provider | $66,790 | — | $66,790 |
| SEGAL MARCO ADVISORS | Other Service Provider | $57,000 | — | $57,000 |
| WINSLOW ASSET MANAGEMENT | Other Service Provider | $42,729 | — | $42,729 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $40,378 | — | $40,378 |
| HENRY ROSSI & CO., LLP | Auditor | $34,470 | — | $34,470 |
| MEYER, UNKOVIC & SCOTT LLP | ERISA Attorney | $22,455 | — | $22,455 |
| ALLEGHENY COMMERCIAL PRINTING | Other Service Provider | $21,553 | — | $21,553 |
| BOYD WATTERSON | Other Service Provider | $17,974 | — | $17,974 |
| PNC INSTITUTIONAL INVESTMENTS | Other Service Provider | $10,248 | — | $10,248 |
| FOSTER & FOSTER | Other Service Provider | $9,600 | — | $9,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HENRY ROSSI & CO., LLP — Auditor
- MEYER, UNKOVIC & SCOTT LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,183,635
- Estimated Expense Ratio: 2.165% 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 | $677,937 | $167,833 | — | — | — |
| 2023 | $533,252 | $90,926 | — | — | — |
| 2022 | $549,082 | $91,276 | — | — | $105,679 |