# Joint Board Of Trustees, Operating Engineers Local 324 Health & Welfare Plan Source: https://planprovider.pro/companies/joint-board-of-trustees-operating-engineers-local-324-381940673-501 > Joint Board Of Trustees, Operating Engineers Local 324's Health & Welfare plan: 8,096 participants, plan year 2024 financials, providers, and benchmarks from… Form 5500 filing data for plan year 2024. ## Plan Snapshot - **Plan Sponsor:** Joint Board Of Trustees, Operating Engineers Local 324 - **Sponsor EIN:** 381940673 - **Sponsor Address:** 5600 NEW KING STREET, SUITE 330, TROY, MI, 48098 - **Plan Type:** Health & Welfare - **Plan Number:** 501 - **Total Participants:** 8,096 - **Total Assets:** $147.9M ## 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|8,096|$147.9M|$144.4M|$19.5M| | 2023|7,813|$136.6M|$135.4M|$20.0M| | 2022|7,534|$124.8M|$125.3M|$20.1M| ## 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| | BLUE CROSS BLUE SHIELD OF MICHIGAN|Other Service Provider|$2,810,381|—|$2,810,381| | DELTA DENTAL OF MICHIGAN|Other Service Provider|$395,234|—|$395,234| | SOLXSYS ADMINISTRATIVE SOLUTIONS|Other Service Provider|$366,149|—|$366,149| | PLANTE & MORAN, PLLC|Other Service Provider|$314,310|—|$314,310| | OPTUM RX INC.|Other Service Provider|$245,464|—|$245,464| | STEFANSKY, HOLLOWAY & NICHOLS, INC.|Other Service Provider|$209,387|—|$209,387| | WEISMAN, YOUNG & RUEMENAPP, P.C.|Other Service Provider|$165,131|—|$165,131| | BENEFITS PARTNER LLC DBA SALUS GRP|Other Service Provider|$111,000|—|$111,000| | DIANE E PIZZO|Other Service Provider|$96,944|—|$96,944| | AMERICAN GRAPHICS PRINTING CO.|Other Service Provider|$86,102|—|$86,102| | STEPHANIE LUPA|Other Service Provider|$72,975|—|$72,975| | DOMINIQUE POLICICCHIO|Other Service Provider|$62,434|—|$62,434| | ASHER KELLY|Other Service Provider|$55,271|—|$55,271| | MORGAN OTTENBACHER|Other Service Provider|$55,004|—|$55,004| | NATIONAL INVSTMNT SERVICES OF AMER|Other Service Provider|$51,526|—|$51,526| | KRISTIN KINGSLEY|Other Service Provider|$51,278|—|$51,278| | ALEXANDRA SPITTLE|Other Service Provider|$47,607|—|$47,607| | SHAYVEON GISSENDANNER|Other Service Provider|$46,210|—|$46,210| | EMILY M WEEKS|Other Service Provider|$40,034|—|$40,034| | BRIAN TATMAN|Other Service Provider|$38,044|—|$38,044| | BRIAN GANTON|Other Service Provider|$37,912|—|$37,912| | CHADWICK CAPANDA|Other Service Provider|$34,383|—|$34,383| | NOVARA TESIJA CATENACCI MCDONALD &|Other Service Provider|$31,023|—|$31,023| | ZENWORK, INC.|Other Service Provider|$26,314|—|$26,314| | CONSTRUCTION INDUSTRY RESOURCES INC|Other Service Provider|$23,525|—|$23,525| | BOYD WATTERSON ASSET MANAGEMENT LLC|Other Service Provider|$22,637|—|$22,637| | NEPC, LLC|Recordkeeper|$21,210|—|$21,210| | UNITED ACTUARIAL SERVICES, INC.|Other Service Provider|$20,050|—|$20,050| | EBIX INC.|Other Service Provider|$19,046|—|$19,046| | SEGAL SELECT INSURANCE SERVICES INC|Other Service Provider|—|$18,573|$18,573| | THE BANK OF NEW YORK MELLON|Other Service Provider|$17,878|—|$17,878| | CANCER NAVIGATORS, INC.|Other Service Provider|$15,500|—|$15,500| | QUADIENT, INC.|Other Service Provider|$10,171|—|$10,171| | MADDIN, HAUSER, ROTH & HELLER|Other Service Provider|$9,243|—|$9,243| | CORRIGAN RECORD STORAGE, LLC|Other Service Provider|$8,487|—|$8,487| | JPMORGAN CHASE BANK, N.A.|Recordkeeper|$7,834|—|$7,834| | U.S. BANK NATIONAL ASSOCIATION|Recordkeeper|$7,479|—|$7,479| | PAYCHEX OF NEW YORK LLC|Other Service Provider|$6,354|—|$6,354| | MICHAEL RICHARD ROLL|Other Service Provider|$5,159|—|$5,159| ### Verified Provider Profiles Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro: - [NEPC, LLC](https://planprovider.pro/provider/milliman) — Recordkeeper - [JPMORGAN CHASE BANK, N.A.](https://planprovider.pro/provider/jp-morgan-asset-management) — Recordkeeper - [U.S. BANK NATIONAL ASSOCIATION](https://planprovider.pro/provider/john-hancock) — Recordkeeper ## Plan Fees & Expenses Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings. - **Total Service Provider Fees:** $5,663,263 - **Estimated Expense Ratio:** 3.829% 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|$6,599,113|$74,962|$3,797,215|$314,310|—| | 2023|$6,262,496|$108,168|$3,693,923|$168,525|—| | 2022|$5,609,802|$111,395|$3,182,758|—|$698,242| ## Similar Plans - [Board Of Trustees Michigan Laborers' Pension Fund](https://planprovider.pro/companies/board-of-trustees-michigan-laborers-pension-fund-plan) — 9,786 participants - 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