Plan Snapshot
- Plan Sponsor: Electrical Workers Health & Welfare Trust For Northern Nevada
- Sponsor EIN: 886004496
- Sponsor Address: 445 APPLE ST, RENO, NV, 895023544
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 983
- Total Assets: $11.4M
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 | 983 | $11.4M | $11.8M | $122,662 |
| 2023 | 809 | $10.4M | $9.7M | $163,296 |
| 2022 | 629 | $9.2M | $5.9M | $223,840 |
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 |
|---|---|---|---|---|
| BENEFIT PLAN ADMINISTRATORS | Recordkeeper | $435,891 | — | $435,891 |
| EDGEWOOD PARTNERS INSURANCE CENTER | Recordkeeper | $30,000 | — | $30,000 |
| BERRY & CO CPAS, LTD | Other Service Provider | $28,000 | — | $28,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EDGEWOOD PARTNERS INSURANCE CENTER — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $493,891
- Estimated Expense Ratio: 4.325% 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 | $673,662 | $10,000 | $435,891 | $28,000 | — |
| 2023 | $593,451 | $10,000 | $359,293 | $29,350 | — |
| 2022 | $565,203 | $18,885 | $351,588 | — | $102,759 |