Plan Snapshot
- Plan Sponsor: Ibew Local 712 Welfare Trust Fund
- Sponsor EIN: 256037360
- Sponsor Address: 5 HOT METAL STREET, SUITE 200, PITTSBURGH, PA, 152032352
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 518
- Total Assets: $95.7M
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 | 518 | $95.7M | $11.9M | $46,475 |
| 2023 | 643 | $90.1M | $10.7M | $67,171 |
| 2022 | 643 | $84.8M | $24.9M | $45,993 |
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 |
|---|---|---|---|---|
| CDS ADMINISTRATORS | Other Service Provider | $279,614 | — | $279,614 |
| GRAYSTONE CONSULTING | Other Service Provider | $127,869 | — | $127,869 |
| AMERICAN HEALTH HOLDINGS | Other Service Provider | $66,105 | — | $66,105 |
| SEGAL | Other Service Provider | $44,400 | — | $44,400 |
| MEYER, UNKOVIC & SCOTT LLP | ERISA Attorney | $37,247 | — | $37,247 |
| PACKER THOMAS | Auditor | $23,026 | — | $23,026 |
| ALLIED TRADE ASSISTANCE PROGRAM | Other Service Provider | $12,023 | — | $12,023 |
| ZAKIPOINT HEALTH | Other Service Provider | $8,615 | — | $8,615 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEYER, UNKOVIC & SCOTT LLP — ERISA Attorney
- PACKER THOMAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $598,899
- Estimated Expense Ratio: 0.626% 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 | $654,523 | $127,869 | $354,334 | $23,026 | — |
| 2023 | $758,975 | $131,651 | $357,793 | $28,059 | — |
| 2022 | $475,855 | $125,799 | $190,739 | — | $119,787 |