Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees
- Sponsor EIN: 726031293
- Sponsor Address: PO BOX 1449, GOODLETTSVILLE, TN, 370701449
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 445
- Total Assets: $13.9M
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 | 445 | $13.9M | $3.4M | $13,922 |
| 2023 | 491 | $13.3M | $3.7M | $14,925 |
| 2022 | 593 | $12.5M | $3.5M | $29,441 |
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 |
|---|---|---|---|---|
| SOUTHERN BENEFIT ADMINSTRATORS | Recordkeeper | $360,000 | — | $360,000 |
| UNITED HEALTHCARE | Other Service Provider | $197,330 | — | $197,330 |
| HANCOCK WHITNEY | Custodian / Trustee | $54,204 | — | $54,204 |
| TED SOILEAU CPA LLC | Other Service Provider | $24,856 | — | $24,856 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $636,390
- Estimated Expense Ratio: 4.587% 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 | $509,535 | $54,204 | — | $24,856 | — |
| 2023 | $489,162 | $51,287 | $360,000 | $23,126 | — |
| 2022 | $488,789 | $53,020 | $342,000 | — | $53,374 |