Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees
- Sponsor EIN: 382094732
- Sponsor Address: 345 DIVERSION ROAD, SUITE 400, ROCHESTER, MI, 48307
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 0
- Total Assets: $155,989
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 | 0 | $155,989 | $292,359 | $192,390 |
| 2023 | 0 | $226,939 | $316,137 | $201,760 |
| 2022 | 0 | $286,094 | $381,052 | $168,910 |
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 |
|---|---|---|---|---|
| CBIZ | Recordkeeper | $25,200 | — | $25,200 |
| CARNEGHI & SCHWARK, P.L.L.C. | Auditor | $9,625 | — | $9,625 |
| WATKINS, PAWLICK, CALATI & PRIFTI | ERISA Attorney | $8,954 | — | $8,954 |
| THE SEGAL COMPANY | Actuary | $8,887 | — | $8,887 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,666
- Estimated Expense Ratio: 33.763% 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 | $56,147 | — | $23,430 | $9,625 | — |
| 2023 | $48,060 | — | $25,200 | $9,775 | — |
| 2022 | $42,312 | — | $25,200 | — | $15,904 |