Plan Snapshot
- Plan Sponsor: Iron Workers Regional Health & Welfare Trust
- Sponsor EIN: 362234288
- Sponsor Address: 625 ENTERPRISE DR, OAK BROOK, IL, 605238813
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 942
- Total Assets: $18.2M
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 | 942 | $18.2M | $9.9M | $13,672 |
| 2023 | 568 | $10.0M | $9.2M | $21,491 |
| 2022 | 432 | $6.5M | $7.2M | $10,420 |
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 |
|---|---|---|---|---|
| HEALTH CARE SERVICE CORP (BCBS) | Other Service Provider | $426,307 | — | $426,307 |
| BENEFITS MANAGEMENT GROUP, INC | Other Service Provider | $224,010 | — | $224,010 |
| IRONWORKERS EMPLOYEES' BENEFIT CORP | Other Service Provider | $60,000 | — | $60,000 |
| MARCO, MCGUIRE & ARREOLA, LLC | Other Service Provider | $39,661 | — | $39,661 |
| ASB CAPITAL MANAGEMENT | Other Service Provider | $37,227 | — | $37,227 |
| SAV-RX | Other Service Provider | $36,406 | — | $36,406 |
| CALIBRE CPA GROUP, PLLC | Auditor | $21,700 | — | $21,700 |
| FIDUCIENT ADVISORS | Other Service Provider | $8,000 | — | $8,000 |
| JAMES V GALLERY & ASSOCIATES | Other Service Provider | $8,000 | — | $8,000 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $6,539 | — | $6,539 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $867,850
- Estimated Expense Ratio: 4.780% 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 | $427,309 | $45,227 | $284,010 | $21,700 | — |
| 2023 | $342,180 | $40,320 | $174,668 | $59,294 | — |
| 2022 | $260,791 | $24,219 | $116,645 | — | $92,321 |