Plan Snapshot
- Plan Sponsor: Board Of Trustees Toledo Electrical Welfare Fund
- Sponsor EIN: 344441661
- Sponsor Address: 727 LIME CITY ROAD, ROSSFORD, OH, 43460
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,805
- Total Assets: $107.5M
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 | 1,805 | $107.5M | $50.9M | $2.2M |
| 2023 | 1,784 | $95.1M | $45.5M | $2.2M |
| 2022 | 1,718 | $85.6M | $46.7M | $2.0M |
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 |
|---|---|---|---|---|
| EXPRESS SCRIPTS | Other Service Provider | $536,588 | — | $536,588 |
| WELLRITHMS | Other Service Provider | $411,536 | — | $411,536 |
| INCLUDED HEALTH INC | Other Service Provider | $318,551 | — | $318,551 |
| AMERICAN HEALTH HOLDING | Other Service Provider | $296,595 | — | $296,595 |
| FRONTPATH HEALTH COALITION | Other Service Provider | $190,478 | — | $190,478 |
| RENALOGIC | Other Service Provider | $164,050 | — | $164,050 |
| BRIDEGWAY BENEFIT TECH | Other Service Provider | $115,928 | — | $115,928 |
| UNITED ACTUARIAL SERVICES | Actuary | $107,000 | — | $107,000 |
| SHUMAKER, LOOP & KENDRICK, LLP | ERISA Attorney | $89,961 | — | $89,961 |
| DELTA DENTAL OF OHIO | Recordkeeper | $84,805 | — | $84,805 |
| COMPUTOL INC | Other Service Provider | $75,718 | — | $75,718 |
| CHANGE HEALTHCARE | Other Service Provider | $61,166 | $7,346 | $68,512 |
| MSPC CPAS & ADVISORS, P.C. | Auditor | $49,517 | — | $49,517 |
| TRILOGY CONSULTING GROUP INC | Auditor | $37,000 | — | $37,000 |
| FIFTH THIRD BANK | Custodian / Trustee | $34,616 | — | $34,616 |
| PRISM HEALTHCARE RESOURCES INC | Other Service Provider | $30,000 | — | $30,000 |
| ARMSRXLLC | Other Service Provider | $23,348 | — | $23,348 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | Investment Advisor | $20,571 | — | $20,571 |
| EYE MED | Other Service Provider | $18,023 | — | $18,023 |
| MEDICAL REVIEW INSTITUTE OF AMERICA | Other Service Provider | $7,191 | — | $7,191 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC CPAS & ADVISORS, P.C. — Auditor
- GALLAGHER FIDUCIARY ADVISORS, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,679,988
- Estimated Expense Ratio: 2.492% 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 | $1,703,950 | $55,188 | — | $54,445 | — |
| 2023 | $1,490,377 | $47,913 | — | $58,298 | — |
| 2022 | $1,432,177 | $44,420 | — | — | $109,314 |