Plan Snapshot
- Plan Sponsor: Heat & Frost Insulators & Asbestos Workers Local Union 38
- Sponsor EIN: 236283938
- Sponsor Address: 315-317 N WASHINGTON ST., WILKES-BARRE, PA, 18705
- Plan Type: DC
- Total Participants: 454
- Total Assets: $24.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 454 | $24.2M | $984,695 | $0 |
| 2023 | 451 | $24.2M | $892,710 | $0 |
| 2022 | 466 | $21.3M | $810,583 | $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 |
|---|---|---|---|---|
| NORTHEAST ADVISORS, INC. | SERVICE PROVIDER | $45,069 | — | $45,069 |
| ALERUS FINANCIAL, N.A. | SERVICE PROVIDER | $30,474 | — | $30,474 |
| SNYDER & CLEMENTE | SERVICE PROVIDER | $13,500 | — | $13,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — SERVICE PROVIDER
- SNYDER & CLEMENTE — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,043
- Estimated Expense Ratio: 0.368% 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 | $89,905 | $45,069 | $28,125 | $13,500 | — |
| 2023 | $84,841 | $41,191 | $26,795 | $13,000 | — |
| 2022 | $88,960 | $38,933 | — | — | $50,027 |