Plan Snapshot
- Plan Sponsor: Gldc-Ila Health And Welfare Fund
- Sponsor EIN: 341899990
- Sponsor Address: 591 ERIESIDE AVENUE, CLEVELAND, OH, 44114
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 409
- Total Assets: $3.9M
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 | 409 | $3.9M | $8.7M | $0 |
| 2023 | 417 | $2.8M | $8.8M | $0 |
| 2022 | 411 | $2.5M | $8.6M | $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 |
|---|---|---|---|---|
| CIUNI & PANICHI, INC. | Other Service Provider | $18,039 | — | $18,039 |
| DELTA DENTAL OF OHIO | Other Service Provider | $5,267 | — | $5,267 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,306
- Estimated Expense Ratio: 0.600% 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 | $87,233 | — | $5,823 | $18,039 | — |
| 2023 | $60,466 | — | $5,973 | $7,300 | — |
| 2022 | $66,755 | — | — | — | $13,083 |