Plan Snapshot
- Plan Sponsor: Board Of Trustees, The Tile Industry Health &
- Sponsor EIN: 951734798
- Sponsor Address: 1050 LAKES DR STE 120, WEST COVINA, CA, 91790
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 629
- Total Assets: $24.5M
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 | 629 | $24.5M | $10.1M | $13,439 |
| 2023 | 505 | $23.7M | $8.5M | $54,290 |
| 2022 | 536 | $23.1M | $9.0M | $40,364 |
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 |
|---|---|---|---|---|
| BENESYS, INC. | Other Service Provider | $192,901 | — | $192,901 |
| KENNEDY LAW FIRM | Other Service Provider | $73,796 | — | $73,796 |
| ICMS INSURANCE SERVICES | Other Service Provider | $42,000 | — | $42,000 |
| MILLER KAPLAN ARASE LLP | Auditor | $39,500 | — | $39,500 |
| BOYD WATTERSON ASSET MGMT, LLC | Other Service Provider | $36,458 | — | $36,458 |
| U.S. BANK NA | Recordkeeper | $35,928 | — | $35,928 |
| AMERITAS LIFE INSURANCE CORP. | Recordkeeper | $31,667 | — | $31,667 |
| ALSWEET ASSOCIATES | Other Service Provider | $30,527 | — | $30,527 |
| WEDGE CAPITAL MANAGEMENT LLP | Other Service Provider | $26,464 | — | $26,464 |
| MELISSA W COOK & ASSOCIATES | Other Service Provider | $24,016 | — | $24,016 |
| MUFG UNION BANK | Other Service Provider | $11,348 | — | $11,348 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $10,000 | — | $10,000 |
| SAV-RX PRESCRIPTION SERVICES | Other Service Provider | $5,244 | — | $5,244 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
- U.S. BANK NA — Recordkeeper
- AMERITAS LIFE INSURANCE CORP. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $559,849
- Estimated Expense Ratio: 2.281% 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 | $582,464 | $108,850 | $192,901 | $39,500 | — |
| 2023 | $542,644 | $151,484 | $161,762 | $39,500 | — |
| 2022 | $552,120 | $82,378 | $153,090 | — | $207,496 |