Plan Snapshot
- Plan Sponsor: I.U.O.E. Local 57 Health And
- Sponsor EIN: 050269242
- Sponsor Address: 857 CENTRAL AVE, JOHNSTON, RI, 02919
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,045
- Total Assets: $28.1M
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. |
|---|---|---|---|---|
| 2025 | 1,045 | $28.1M | $0 | $0 |
| 2024 | 788 | $27.3M | $17.2M | $98,889 |
| 2023 | 767 | $25.7M | $16.0M | $96,061 |
| 2022 | 725 | $20.7M | $13.2M | $119,848 |
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 |
|---|---|---|---|---|
| THE SEGAL COMPANY | Other Service Provider | $73,309 | — | $73,309 |
| WARD FISHER & CO LLP | Other Service Provider | $63,737 | — | $63,737 |
| PARKER, BROWN, MACAULAY & SHEERIN | Other Service Provider | $19,435 | — | $19,435 |
| KIERNAN, PLUNKETT & REDIHAN | Other Service Provider | $12,500 | — | $12,500 |
| SEGAL ROGERSCASEY | Other Service Provider | $10,000 | — | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $178,981
- Estimated Expense Ratio: 0.637% 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 |
|---|---|---|---|---|---|
| 2025 | $18,332,452 | $10,000 | — | $63,737 | — |
| 2024 | $383,929 | $10,000 | — | $60,379 | — |
| 2023 | $336,340 | $10,000 | — | $52,954 | — |
| 2022 | $337,386 | $10,000 | — | — | $123,101 |