Plan Snapshot
- Plan Sponsor: Central Midwest Regional Council Of Carpenters Supplemental
- Sponsor EIN: 341237479
- Sponsor Address: 3660 STUTZ DRIVE, SUITE 101, CANFIELD, OH, 44406
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 270
- Total Assets: $1.1M
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 | 270 | $1.1M | $125,316 | $0 |
| 2023 | 258 | $986,937 | $136,736 | $0 |
| 2022 | 337 | $880,143 | $191,916 | $0 |
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 |
|---|---|---|---|---|
| BENESYS, INC. | Recordkeeper | $34,092 | — | $34,092 |
| ASHER KELLY ATTORNEYS AT LAW | ERISA Attorney | $11,479 | — | $11,479 |
| PNC BANK | Custodian / Trustee | $7,225 | — | $7,225 |
| YURCHYK & DAVIS CPA'S INC. | Auditor | $6,900 | — | $6,900 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,696
- Estimated Expense Ratio: 5.501% 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 | $66,826 | — | $33,899 | $6,900 | — |
| 2023 | $55,058 | — | $30,415 | $5,500 | — |
| 2022 | $47,076 | $4,698 | $31,740 | — | $6,782 |