Plan Snapshot
- Plan Sponsor: Bot North Atlantic States Carpenters Health Benefits Fund
- Sponsor EIN: 046374357
- Sponsor Address: 350 FORDHAM ROAD, WILMINGTON, MA, 01887
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 18,857
- Total Assets: $939.0M
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 | 18,857 | $939.0M | $280.0M | $24.4M |
| 2023 | 19,509 | $911.2M | $285.6M | $26.0M |
| 2022 | 16,724 | $874.4M | $269.2M | $26.0M |
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 |
|---|---|---|---|---|
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $4,934,022 | — | $4,934,022 |
| EXPRESS SCRIPTS INC | Other Service Provider | $3,508,549 | — | $3,508,549 |
| NAS CARPENTERS PENSION FUND (CCA) | Other Service Provider | $1,677,000 | — | $1,677,000 |
| DELTA DENTAL OF MA | Other Service Provider | $673,622 | — | $673,622 |
| THE SEGAL COMPANY (EASTERN STATES) | Other Service Provider | $557,294 | — | $557,294 |
| KGA INC | Other Service Provider | $354,945 | — | $354,945 |
| LEVEL CARE HEALTH CONSORTIUM | Other Service Provider | $254,706 | — | $254,706 |
| CHARTWELL INVESTMENT PARTNERS LLC | Other Service Provider | $193,385 | — | $193,385 |
| MELLON INVESTMENTS CORPORATION | Other Service Provider | $178,643 | — | $178,643 |
| SCHULTHEIS & PANETTIERI LLP | Auditor | $143,000 | — | $143,000 |
| KRAKOW SOURIS & LANDRY LLC | Other Service Provider | $141,000 | — | $141,000 |
| WEDGE CAPITAL MANAGEMENT LLP | Other Service Provider | $130,408 | — | $130,408 |
| OREILLY GROSSO GROSS & JONES PC | Other Service Provider | $118,200 | — | $118,200 |
| BENEFIT RESOURCE LLC | Other Service Provider | $100,313 | — | $100,313 |
| DODGE & COX INVESTMENT MANAGERS | Other Service Provider | $97,837 | — | $97,837 |
| LOOMIS SAYLES & COMPANY | Other Service Provider | $91,544 | — | $91,544 |
| STATE STREET BANK & TRUST CO | Other Service Provider | $67,071 | — | $67,071 |
| WELLINGTON TRUST COMPANY NA | Other Service Provider | $58,838 | — | $58,838 |
| BLACKROCK INSTL TRUST COMPANY NA | Other Service Provider | $54,062 | — | $54,062 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $50,400 | — | $50,400 |
| MEKETA INVESTMENT GROUP | Other Service Provider | $50,332 | — | $50,332 |
| PERFECT PRINTING SOLUTIONS INC | Other Service Provider | $44,782 | — | $44,782 |
| FIRST AMERICAN ADMINISTRATORS | Other Service Provider | $37,972 | — | $37,972 |
| THE JOURNEYMAN PRESS | Other Service Provider | $34,922 | — | $34,922 |
| SEGAL SELECT INSURANCE SVCS INC | Other Service Provider | — | $19,975 | $19,975 |
| THE WAGNER LAW GROUP | ERISA Attorney | $13,397 | — | $13,397 |
| NATIONAL SOFTWARE INC | Other Service Provider | $11,696 | — | $11,696 |
| WITHUMSMITH+BROWN, P.C. | Auditor | $9,293 | — | $9,293 |
| RHUMBLINE ADVISERS LMTD PARTNERSHIP | Other Service Provider | $8,020 | — | $8,020 |
| WHITE BIRCH VIEW LLC | Other Service Provider | $6,500 | — | $6,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI LLP — Auditor
- THE WAGNER LAW GROUP — ERISA Attorney
- WITHUMSMITH+BROWN, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,621,728
- Estimated Expense Ratio: 1.451% 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 | $19,202,671 | $889,259 | — | $143,000 | — |
| 2023 | $19,412,710 | $843,731 | — | $140,000 | — |
| 2022 | $18,174,132 | $834,002 | — | — | $1,094,280 |