Plan Snapshot
- Plan Sponsor: Budd E&A Veba Retiree Committee
- Sponsor EIN: 812446302
- Sponsor Address: 60 BOULEVARD OF THE ALLIES, PITTSBURGH, PA, 15222
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 620
- Total Assets: $76.2M
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 | 620 | $76.2M | $0 | $42,397 |
| 2023 | 664 | $74.1M | $0 | $46,059 |
| 2022 | 704 | $69.8M | $0 | $45,468 |
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 |
|---|---|---|---|---|
| CDS ADMINISTRATORS | Other Service Provider | $78,000 | — | $78,000 |
| SEGAL MARCO ADVISORS | Other Service Provider | $64,648 | — | $64,648 |
| THE SEGAL COMPANY | Other Service Provider | $63,000 | — | $63,000 |
| WESTERN ASSET MANAGEMENT | Other Service Provider | $46,344 | — | $46,344 |
| JENNER & BLOCK LLP | ERISA Attorney | $32,574 | — | $32,574 |
| BAIRD INTERMEDIATE BOND | Other Service Provider | $25,581 | — | $25,581 |
| UNICARE LIFE & HEALTH INSURANCE | Other Service Provider | $23,678 | — | $23,678 |
| CALIBRE CPA GROUP PLLC | Auditor | $21,114 | — | $21,114 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JENNER & BLOCK LLP — ERISA Attorney
- CALIBRE CPA GROUP PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $354,939
- Estimated Expense Ratio: 0.466% 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 | $368,986 | $136,573 | $78,000 | $21,114 | — |
| 2023 | $366,371 | $133,668 | $78,000 | $19,752 | — |
| 2022 | $347,687 | $128,401 | $78,000 | — | $108,457 |