Plan Snapshot
- Plan Sponsor: Central States Joint Board Health & Welfare Trust Fund
- Sponsor EIN: 362376645
- Sponsor Address: 245 FENCL LANE, HILLSIDE, IL, 60162
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 5,517
- Total Assets: $85.3M
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. |
|---|---|---|---|---|
| 2025 | 5,517 | $85.3M | $0 | $0 |
| 2024 | 4,975 | $80.8M | $59.7M | $217,755 |
| 2023 | 4,882 | $74.1M | $55.7M | $305,008 |
| 2022 | 4,689 | $72.1M | $56.2M | $409,752 |
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 |
|---|---|---|---|---|
| OPTUMRX INC. | Other Service Provider | $17,151,185 | $43,941 | $17,195,126 |
| BLUE CROSS BLUE SHIELD OF IL | Other Service Provider | $2,120,193 | $35 | $2,120,228 |
| VALENZ CARE | Other Service Provider | $216,800 | — | $216,800 |
| LYNETTE S. ALLEN | Other Service Provider | $159,056 | — | $159,056 |
| SONIA RIOS | Other Service Provider | $140,954 | — | $140,954 |
| MILLIMAN, INC | Other Service Provider | $123,856 | — | $123,856 |
| LEGACY PROFESSIONALS LLP | Other Service Provider | $100,778 | — | $100,778 |
| BRIDGEWAY BENEFIT TECHNOLOGIES, LLC | Other Service Provider | $87,999 | $9,794 | $97,793 |
| DAISY M. SERRANO CRUZ | Other Service Provider | $93,838 | — | $93,838 |
| BOYD WATTERSON ASSET MANAGEMENT, LL | Other Service Provider | $72,640 | — | $72,640 |
| GREEN LIGHT COST MGMT LLC | Other Service Provider | $72,620 | — | $72,620 |
| JOHNSON & KROL LLC | Other Service Provider | $66,208 | — | $66,208 |
| ZELIS HEALTHCARE, LLC | Other Service Provider | $64,966 | — | $64,966 |
| ZACKS INVESTMENT MANAGEMENT | Other Service Provider | $52,476 | — | $52,476 |
| EVERACTIVE SOLUTIONS, INC. | Other Service Provider | $38,607 | — | $38,607 |
| MARIA ROSARIO | Other Service Provider | $36,755 | — | $36,755 |
| NATIONAL INVESTMENT SERVICES OF AME | Other Service Provider | $30,619 | — | $30,619 |
| STRATEGIC CAPITAL INVESTMENT ADVIS | Other Service Provider | $26,250 | — | $26,250 |
| M.D. SASS LLC | Other Service Provider | $20,014 | — | $20,014 |
| ANTHONY IORI | Other Service Provider | $19,632 | — | $19,632 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $15,441 | — | $15,441 |
| BANK OF AMERICA | Other Service Provider | $14,678 | — | $14,678 |
| CHARTWELL INVESTMENT PARTNERS, LLC | Other Service Provider | $10,401 | — | $10,401 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $8,532 | — | $8,532 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,798,268
- Estimated Expense Ratio: 24.369% 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 |
|---|---|---|---|---|---|
| 2025 | $82,800,341 | $254,661 | — | $60,250 | — |
| 2024 | $2,078,424 | $327,515 | — | $70,000 | — |
| 2023 | $4,298,183 | $238,955 | — | $75,000 | — |
| 2022 | $4,093,534 | $233,427 | — | — | $470,441 |