Plan Snapshot
- Plan Sponsor: Construction Industry Health And Welfare Trust
- Sponsor EIN: 616058688
- Sponsor Address: 230 LEXINGTON GREEN CIRCLE, STE 400, LEXINGTON, KY, 40503
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,627
- Total Assets: $17.6M
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 | 1,627 | $17.6M | $26.1M | $206,962 |
| 2023 | 1,984 | $15.4M | $24.9M | $154,379 |
| 2022 | 1,592 | $13.4M | $23.2M | $177,583 |
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 |
|---|---|---|---|---|
| UMR | Other Service Provider | $1,127,460 | — | $1,127,460 |
| CENTRAL BANK & TRUST COMPANY | Other Service Provider | $46,749 | — | $46,749 |
| PNC INSTITUTIONAL INVESTMENTS | Other Service Provider | $27,810 | — | $27,810 |
| FRANK N HESTAND CPA PSC | Auditor | $18,162 | — | $18,162 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FRANK N HESTAND CPA PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,220,181
- Estimated Expense Ratio: 6.923% 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 | $1,305,872 | $74,559 | $1,127,460 | $18,128 | — |
| 2023 | $1,024,366 | $62,558 | $896,499 | $16,000 | — |
| 2022 | $993,394 | $56,885 | $869,523 | — | $21,964 |