Plan Snapshot
- Plan Sponsor: Committee Of Uaw Retirees Of The Budd Company Health And Welfare Plan
- Sponsor EIN: 813021883
- Sponsor Address: 1701 PENNSYLVANIA AVE. NW, WASHINGTON, DC, 20006
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 0
- Total Assets: $462.5M
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 | 0 | $462.5M | $1.0M | $0 |
| 2023 | 0 | $454.5M | $3.5M | $0 |
| 2022 | 0 | $427.7M | $0 | $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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN | Other Service Provider | $873,523 | — | $873,523 |
| CENTRAL DATA SERVICES | Other Service Provider | $437,468 | — | $437,468 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $216,545 | — | $216,545 |
| CVS PHARMACY | Other Service Provider | $172,613 | — | $172,613 |
| SEGAL MARCO ADVISORS | Other Service Provider | $126,158 | — | $126,158 |
| PRUDENTIAL TRUST CO. | Other Service Provider | $116,502 | — | $116,502 |
| UNICARE LIFE & HEALTH INSURANCE CO. | Other Service Provider | $110,122 | — | $110,122 |
| PLANTE & MORAN, PLLC | Other Service Provider | $98,580 | — | $98,580 |
| MILLIMAN, INC. | Recordkeeper | $94,520 | — | $94,520 |
| GROOM LAW GROUP, CHARTERED | ERISA Attorney | $28,813 | — | $28,813 |
| GARY PETRONI | Custodian / Trustee | $25,220 | — | $25,220 |
| PARKER BUSINESS SOLUTIONS | Custodian / Trustee | $20,528 | — | $20,528 |
| RICK ISAACSON | Custodian / Trustee | $20,528 | — | $20,528 |
| SNG CONSULTING LLC | Custodian / Trustee | $20,528 | — | $20,528 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | — | $10,205 | $10,205 |
| MACOMB BUSINESS FORMS INC. DBA | Other Service Provider | $9,925 | — | $9,925 |
| FIFTH THIRD NATIONAL BANK | Other Service Provider | $9,415 | — | $9,415 |
| COMERICA BANK | Custodian / Trustee | $8,619 | — | $8,619 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — Recordkeeper
- GROOM LAW GROUP, CHARTERED — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,399,812
- Estimated Expense Ratio: 0.519% 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 | $3,020,732 | $459,205 | $1,603,651 | $98,580 | — |
| 2023 | $2,485,787 | $395,674 | $1,691,918 | $79,232 | — |
| 2022 | $2,714,684 | $388,678 | $1,924,563 | — | $335,801 |