Plan Snapshot
- Plan Sponsor: Employer-Teamsters Local 205 Welfare Fund
- Sponsor EIN: 251417264
- Sponsor Address: 1184 LONG RUN ROAD, WHITE OAK, PA, 15131
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,089
- Total Assets: $874,335
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 | 1,089 | $874,335 | $3.7M | $12,890 |
| 2023 | 1,130 | $1.5M | $3.8M | $34,798 |
| 2022 | 1,301 | $2.2M | $4.1M | $49,890 |
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 |
|---|---|---|---|---|
| HIGHMARK INC | Other Service Provider | $409,271 | — | $409,271 |
| SERVICE PERSONNEL & EMPLOYEES DAIRY | Other Service Provider | $207,815 | — | $207,815 |
| SYMETRA LIFE INSURANCE COMPANY | Other Service Provider | $65,353 | — | $65,353 |
| NOVAK FRANCELLA, LLC | Auditor | $26,000 | — | $26,000 |
| FRISSORA & ASSOCIATES | Other Service Provider | $24,000 | — | $24,000 |
| MEYER UNKOVIC & SCOTT LLP | ERISA Attorney | $18,971 | — | $18,971 |
| MARC C CASSELLA DMD | Other Service Provider | $16,900 | — | $16,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
- MEYER UNKOVIC & SCOTT LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $768,310
- Estimated Expense Ratio: 87.874% 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 | $404,582 | $1,662 | — | $26,000 | — |
| 2023 | $391,147 | $2,637 | — | $26,000 | — |
| 2022 | $408,037 | $4,333 | — | — | $84,682 |