Plan Snapshot
- Plan Sponsor: Bricklayers Local 1 Of Md,Va And Dc Health And Wel-
- Sponsor EIN: 541008445
- Sponsor Address: 305 COMPTON AVENUE, LAUREL, MD, 20707
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 384
- Total Assets: $12.1M
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 | 384 | $12.1M | $5.1M | $850,354 |
| 2023 | 386 | $13.2M | $4.8M | $917,753 |
| 2022 | 389 | $15.9M | $5.1M | $807,453 |
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 |
|---|---|---|---|---|
| BEACON ADMINISTRATORS | Other Service Provider | $275,398 | — | $275,398 |
| CAREFIRST OF MARYLAND | Other Service Provider | $184,885 | — | $184,885 |
| SEGAL COMPANY | Other Service Provider | $66,500 | — | $66,500 |
| O'DONOGHUE & O'DONOGHUE | Other Service Provider | $55,570 | — | $55,570 |
| NOVAK FRANCELLA, LLC | Auditor | $39,789 | — | $39,789 |
| CHARTWELL | Other Service Provider | $24,187 | — | $24,187 |
| DELTA DENTAL OF PENNSYLVANIA | Other Service Provider | $21,315 | — | $21,315 |
| BOYD WATTERSON ASSET MNGMT, LLC | Other Service Provider | $18,591 | — | $18,591 |
| CVS CAREMARK | Other Service Provider | $15,419 | — | $15,419 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $13,300 | — | $13,300 |
| US BANK N.A. | Recordkeeper | $12,774 | — | $12,774 |
| INVESTMENT PERFORMANCE SERVICES | Other Service Provider | $7,500 | — | $7,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
- US BANK N.A. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $735,228
- Estimated Expense Ratio: 6.085% 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 | $774,376 | $51,187 | $275,398 | $31,100 | — |
| 2023 | $987,345 | $74,638 | $275,551 | $39,078 | — |
| 2022 | $817,346 | $39,246 | $235,413 | — | $127,629 |