Plan Snapshot
- Plan Sponsor: Iupat District Council No. 21 Welfare Fund
- Sponsor EIN: 912036994
- Sponsor Address: 2980 SOUTHAMPTON ROAD, PHILADELPHIA, PA, 191541297
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,586
- Total Assets: $93.2M
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 | 4,586 | $93.2M | $90.6M | $4.7M |
| 2023 | 2,312 | $98.2M | $51.1M | $7.5M |
| 2022 | 2,067 | $60.2M | $47.6M | $6.8M |
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 |
|---|---|---|---|---|
| ALLIED TRADES ASSISTANCE PROGRAM | Other Service Provider | $1,294,905 | — | $1,294,905 |
| INDEPENDENCE BLUE CROSS | Other Service Provider | $976,845 | — | $976,845 |
| GUARDIAN NURSES | Other Service Provider | $477,886 | — | $477,886 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $325,792 | — | $325,792 |
| BENECARD SERVICES, INC. | Other Service Provider | $252,100 | — | $252,100 |
| NOVAK FRANCELLA LLC | Auditor | $246,420 | — | $246,420 |
| MICHAEL PREVITERA | Other Service Provider | $217,782 | — | $217,782 |
| FIDELIO INSURANCE COMPANY | Other Service Provider | $159,295 | — | $159,295 |
| ROBYN SIMPSON | Other Service Provider | $149,074 | — | $149,074 |
| TARA CLARK | Other Service Provider | $103,006 | — | $103,006 |
| TERESA MCDONOUGH | Other Service Provider | $102,778 | — | $102,778 |
| REBECCA FLETCHER | Other Service Provider | $102,431 | — | $102,431 |
| CHARTWELL INVESTMENT PARTNERS LLC | Other Service Provider | $89,229 | — | $89,229 |
| KERRI BURKE | Other Service Provider | $88,336 | — | $88,336 |
| CONOR WATTON | Other Service Provider | $85,642 | — | $85,642 |
| EMBER IT LLC | Other Service Provider | $81,828 | — | $81,828 |
| TANYA MCLAUGHLIN | Other Service Provider | $71,818 | — | $71,818 |
| MWM LAW LLC | Other Service Provider | $63,712 | — | $63,712 |
| PEG HANDLEY | Other Service Provider | $62,931 | — | $62,931 |
| ERICA MILLER | Other Service Provider | $62,665 | — | $62,665 |
| BRIAN SMITH | Other Service Provider | $58,950 | — | $58,950 |
| MARY TOLL | Other Service Provider | $54,877 | — | $54,877 |
| PASCO INVESTMENT ADVISORS INC | Other Service Provider | $51,709 | — | $51,709 |
| SUMMIT ACTUARIAL SERVICES | Other Service Provider | $40,000 | — | $40,000 |
| PNC BANK | Other Service Provider | $32,669 | — | $32,669 |
| 617MEDIAGROUP | Other Service Provider | $31,500 | — | $31,500 |
| CHARLSON, BRABER, MCCABE & DENMARK | Other Service Provider | $25,402 | — | $25,402 |
| NATIONAL VISION ADMINISTRATORS LLC | Other Service Provider | $20,743 | — | $20,743 |
| RBC WEALTH MANAGEMENT | Recordkeeper | $18,000 | — | $18,000 |
| DELAWARE VALLEY HEALTH CARE COALIT. | Other Service Provider | — | $16,540 | $16,540 |
| SPEAR WILDERMAN | Other Service Provider | $13,800 | — | $13,800 |
| CANON FINANCIAL SERVICES, INC. | Other Service Provider | $11,094 | — | $11,094 |
| CHEIRON, INC. | Other Service Provider | $10,330 | — | $10,330 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA LLC — Auditor
- RBC WEALTH MANAGEMENT — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,400,089
- Estimated Expense Ratio: 5.797% 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 | $2,849,317 | $171,552 | — | $72,374 | — |
| 2023 | $2,204,555 | $86,555 | — | $52,010 | — |
| 2022 | $1,755,254 | $73,280 | — | — | $239,535 |