Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees Ldc Of Va Health & Welfare Trust Fund
- Sponsor EIN: 546070422
- Sponsor Address: P.O. BOX 1769, SALEM, VA, 24153
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 144
- Total Assets: $3.3M
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 | 144 | $3.3M | $1.3M | $35,978 |
| 2023 | 187 | $4.1M | $1.6M | $53,227 |
| 2022 | 203 | $3.8M | $1.6M | $64,809 |
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 |
|---|---|---|---|---|
| LAWRENCE C. MUSGROVE ASSOC. INC. | Other Service Provider | $112,200 | — | $112,200 |
| ANTHEM | Investment Advisor | $62,697 | — | $62,697 |
| THE SEGAL COMPANY | Other Service Provider | $60,968 | — | $60,968 |
| AMERICAN BENEFIT CORPORATION | Other Service Provider | $42,000 | — | $42,000 |
| MORGAN STANLEY SMITH BARNEY | Recordkeeper | $18,607 | — | $18,607 |
| ANDERSON & REED, LLP | Auditor | $16,000 | — | $16,000 |
| AMERICAN HEALTH HOLDING | Other Service Provider | $15,781 | — | $15,781 |
| ABATO, RUBENSTEIN AND ABATO,PA | Other Service Provider | $6,580 | — | $6,580 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANTHEM — Investment Advisor
- MORGAN STANLEY SMITH BARNEY — Recordkeeper
- ANDERSON & REED, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $334,833
- Estimated Expense Ratio: 10.173% 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 | $552,792 | $18,607 | $112,200 | $16,000 | — |
| 2023 | $586,140 | $29,235 | $112,200 | $16,000 | — |
| 2022 | $600,619 | $32,606 | $112,200 | — | $112,215 |