Plan Snapshot
- Plan Sponsor: International Association Of Heat And Frost Insulators And Allied Wor
- Sponsor EIN: 386058688
- Sponsor Address: 700 TOWER DRIVE #300, TROY, MI, 480982808
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 198
- Total Assets: $13.3M
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 | 198 | $13.3M | $4.6M | $606,363 |
| 2023 | 177 | $11.7M | $4.1M | $609,575 |
| 2022 | 183 | $10.3M | $4.5M | $635,910 |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF MICHIGAN | Other Service Provider | $249,013 | — | $249,013 |
| BENESYS, INC | Other Service Provider | $82,003 | — | $82,003 |
| NOVARA LAW | Other Service Provider | $75,674 | — | $75,674 |
| MICHAEL G. BUCK | Other Service Provider | $35,700 | — | $35,700 |
| HEALTH PLAN ADVOCATE | Other Service Provider | $15,083 | — | $15,083 |
| SEGAL CONSULTING | Other Service Provider | $14,648 | — | $14,648 |
| WRUBEL WESLEY & CO CPAS | Other Service Provider | $10,850 | — | $10,850 |
| AMERICAN GRAPHICS PRINTING | Other Service Provider | $7,919 | — | $7,919 |
| MARQUETTE ASSOCIATES | Other Service Provider | $7,500 | — | $7,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $498,390
- Estimated Expense Ratio: 3.757% 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 | $232,432 | $7,500 | $75,601 | $12,427 | — |
| 2023 | $204,891 | $7,500 | $72,720 | $10,450 | — |
| 2022 | $219,946 | $12,943 | $68,112 | — | $103,890 |