Plan Snapshot
- Plan Sponsor: Bricklayers & Allied Craftworkers Local 1 PA/De Health & Welfare Fd
- Sponsor EIN: 232892285
- Sponsor Address: 2704 BLACK LAKE PLACE, PHILADELPHIA, PA, 19154
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,278
- Total Assets: $67.8M
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 | 1,278 | $67.8M | $26.7M | $1.3M |
| 2023 | 1,205 | $58.9M | $25.3M | $1.2M |
| 2022 | 1,184 | $49.7M | $24.7M | $1.1M |
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 BLUE CROSS | Other Service Provider | $760,548 | — | $760,548 |
| BRICKLAYERS BENEFIT PLANS, INC. | Other Service Provider | $270,834 | — | $270,834 |
| GUARDIAN NURSES HEALTHCARE ADVOCATE | Other Service Provider | $227,893 | — | $227,893 |
| DELTA DENTAL OF PENNSYLVANIA | Other Service Provider | $50,887 | — | $50,887 |
| THE MCKEOGH COMPANY | Other Service Provider | $38,167 | — | $38,167 |
| NOVAK FRANCELLA LLC | Auditor | $36,000 | — | $36,000 |
| SAV-RX | Other Service Provider | $27,949 | — | $27,949 |
| ALLIED TRADES ASSISTANCE PROGRAM | Other Service Provider | $23,975 | — | $23,975 |
| THOMAS J. MCGOLDRICK, ESQ. | Other Service Provider | $23,230 | — | $23,230 |
| YOUR PART-TIME CONTROLLER, LLC | Other Service Provider | $7,409 | — | $7,409 |
| O'DONOGHUE & O'DONOGHUE, LLP | Other Service Provider | $7,383 | — | $7,383 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,474,275
- Estimated Expense Ratio: 2.175% 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 | $403,071 | — | $270,834 | $36,000 | — |
| 2023 | $180,184 | — | — | $35,000 | — |
| 2022 | $441,913 | — | — | — | $111,194 |