Plan Snapshot
- Plan Sponsor: Construction Industry Laborers Welfare Fund
- Sponsor EIN: 440568755
- Sponsor Address: 12200 N. AMBASSADOR DRIVE, KANSAS CITY, MO, 64163
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 5,617
- Total Assets: $188.4M
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 | 5,617 | $188.4M | $71.7M | $5.3M |
| 2023 | 4,601 | $150.1M | $59.3M | $4.4M |
| 2022 | 4,208 | $136.2M | $53.9M | $4.4M |
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 KC | Other Service Provider | $3,100,371 | — | $3,100,371 |
| WILSON-MCSHANE CORPORATION | Other Service Provider | $1,266,309 | — | $1,266,309 |
| ARNOLD NEWBOLD SOLLARS & HOLLINS PC | Other Service Provider | $389,237 | — | $389,237 |
| E PLAN LLC | Other Service Provider | $363,498 | — | $363,498 |
| UNION LABOR LIFE INSURANCE COMPANY | Recordkeeper | $83,728 | — | $83,728 |
| COMMERCE TRUST | Other Service Provider | $81,822 | — | $81,822 |
| UNITED ACTUARIAL SERVICE | Other Service Provider | $71,540 | — | $71,540 |
| MARQUETTE ASSOCIATES | Other Service Provider | $59,000 | — | $59,000 |
| CONSTRUCTION BENEFITS ADUIT CORP | Auditor | $48,376 | — | $48,376 |
| PREFERRED HEALTH PROFESSIONALS | Other Service Provider | $45,081 | — | $45,081 |
| RUBINBROWN LLP | Auditor | $41,800 | — | $41,800 |
| SEGAL SELECT INSURANCE CARRIER | Other Service Provider | $38,552 | — | $38,552 |
| PACIFIC ASSET MANAGEMENT | Other Service Provider | $27,079 | — | $27,079 |
| INTERNATIONAL FOUNDATION OF EE BENE | Other Service Provider | $14,335 | — | $14,335 |
| PARAMETRIC PORTFOLIO ASSOCIATES | Other Service Provider | $13,210 | — | $13,210 |
| NEUBERGER BERMAN | Other Service Provider | $12,221 | — | $12,221 |
| DRURY PLAZA HOTEL COLUMBIA EAST | Other Service Provider | $6,840 | — | $6,840 |
| CONSOLIDATED PRINTING SUPPLIES | Other Service Provider | $5,200 | — | $5,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UNION LABOR LIFE INSURANCE COMPANY — Recordkeeper
- RUBINBROWN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,668,199
- Estimated Expense Ratio: 3.008% 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 | $5,782,230 | $348,630 | $3,508,950 | $41,800 | — |
| 2023 | $5,080,596 | $333,924 | $3,327,100 | $137,900 | — |
| 2022 | $4,945,854 | $329,567 | $4,042,135 | — | $435,499 |