Plan Snapshot
- Plan Sponsor: Ibew #915 Health & Welfare Fund
- Sponsor EIN: 596169977
- Sponsor Address: P.O. BOX 1449, GOODLETTSVILLE, TN, 37070
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,097
- Total Assets: $21.1M
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. |
|---|---|---|---|---|
| 2024 | 1,097 | $21.1M | $15.0M | $190,017 |
| 2023 | 936 | $18.4M | $12.7M | $213,415 |
| 2022 | 938 | $16.2M | $11.3M | $187,920 |
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 |
|---|---|---|---|---|
| UNITED HEALTH CARE | Recordkeeper | $503,214 | — | $503,214 |
| SOUTHERN BENEFIT ADMINISTRATORS | Recordkeeper | $293,807 | — | $293,807 |
| VENABLE LAW FIRM P.A. | ERISA Attorney | $17,043 | — | $17,043 |
| STEVEN D. EISENBERG CPA,PA | Auditor | $14,985 | — | $14,985 |
| STANDARD VALUATIONS | Other Service Provider | $12,000 | — | $12,000 |
| HORIZON ACTUARIAL SERVICES | Actuary | $10,611 | — | $10,611 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $851,660
- Estimated Expense Ratio: 4.041% 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 | $386,608 | $12,000 | $267,407 | $14,985 | — |
| 2023 | $363,581 | $12,000 | $243,090 | $13,157 | — |
| 2022 | $388,344 | $12,000 | $242,179 | — | $55,853 |