Plan Snapshot
- Plan Sponsor: Itpeu Health & Welfare Fund
- Sponsor EIN: 581236802
- Sponsor Address: 25 CHATHAM CENTER SOUTH, SUITE 100, SAVANNAH, GA, 31405
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 7,383
- Total Assets: $100.4M
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 | 7,383 | $100.4M | $68.3M | $45,314 |
| 2023 | 7,068 | $86.5M | $63.1M | $55,887 |
| 2022 | 7,357 | $77.9M | $59.1M | $60,073 |
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 HEALTHCARE | Investment Advisor | $3,677,638 | — | $3,677,638 |
| BRIDGEWAY | Other Service Provider | $376,100 | — | $376,100 |
| HOWARD, MOORE, & MCDUFFIE, P.C. | Auditor | $145,846 | — | $145,846 |
| CAREMARK | Other Service Provider | $137,397 | — | $137,397 |
| KATHY HEERY | Recordkeeper | $123,760 | — | $123,760 |
| LANA HICKOX | Recordkeeper | $97,527 | — | $97,527 |
| CASCO CONSULTANTS | Other Service Provider | $97,500 | — | $97,500 |
| INFINITY | Other Service Provider | $87,974 | — | $87,974 |
| JANICE AMBROSE | Other Service Provider | $87,183 | — | $87,183 |
| MICHELLE LEOPOLD | Other Service Provider | $68,506 | — | $68,506 |
| PATRICIA LEE | Other Service Provider | $64,407 | — | $64,407 |
| LINDSEY BANCROFT | Other Service Provider | $63,156 | — | $63,156 |
| CHRISTOPHER HEERY | Other Service Provider | $62,019 | — | $62,019 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | $52,635 | $8,675 | $61,310 |
| SEIX INVESTMENT ADVISORS | Other Service Provider | $59,176 | — | $59,176 |
| SHERRY DURDEN | Other Service Provider | $58,670 | — | $58,670 |
| STEPHANIE SABA | Other Service Provider | $55,718 | — | $55,718 |
| LINDA ZITTRAUER | Other Service Provider | $53,571 | — | $53,571 |
| PERLA A HERNANDEZ | Other Service Provider | $51,162 | — | $51,162 |
| SPEAR WILDERMAN, PC | Other Service Provider | $50,661 | — | $50,661 |
| INVESCO ADVISERS, INC. | Other Service Provider | $28,946 | — | $28,946 |
| QUAN VEST CONSULTING | Other Service Provider | $27,600 | — | $27,600 |
| WEAVER & TIDWELL, LLP | Auditor | $21,553 | — | $21,553 |
| FAIR HEALTH INC | Other Service Provider | $16,397 | — | $16,397 |
| THE HARTFORD | Other Service Provider | $8,405 | — | $8,405 |
| SHERRILL & COMPANY | Other Service Provider | $6,906 | — | $6,906 |
| CLEARWAVE FIBER | Other Service Provider | $6,676 | — | $6,676 |
| COMERICA BANK | Other Service Provider | $821 | $5,565 | $6,386 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLUE CROSS BLUE SHIELD HEALTHCARE — Investment Advisor
- HOWARD, MOORE, & MCDUFFIE, P.C. — Auditor
- WEAVER & TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,602,150
- Estimated Expense Ratio: 5.579% 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 | $5,795,472 | $116,192 | $3,677,638 | — | — |
| 2023 | $5,499,807 | $122,424 | $3,503,120 | — | — |
| 2022 | $5,435,740 | $131,680 | $3,388,580 | — | $292,032 |