Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees Of The Drivers And Helpers Local No. 355
- Sponsor EIN: 526043608
- Sponsor Address: 1030 S. DUKELAND STREET, BALTIMORE, MD, 212233303
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 329
- Total Assets: $69,221
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 | 329 | $69,221 | $0 | $81,151 |
| 2023 | 352 | $78,359 | $0 | $81,670 |
| 2022 | 322 | $83,902 | $0 | $76,140 |
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 |
|---|---|---|---|---|
| CARUSO & ZERWITZ | Other Service Provider | $68,619 | — | $68,619 |
| HCFL | Auditor | $7,740 | — | $7,740 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,359
- Estimated Expense Ratio: 110.312% 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 | $17,779 | — | $2,256 | — | — |
| 2023 | $16,950 | — | $2,000 | — | — |
| 2022 | $17,924 | — | $2,000 | — | $12,524 |