Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees Plumbers & Pipefitters 85 Health & Welfare
- Sponsor EIN: 381525304
- Sponsor Address: 700 TOWER DRIVE, SUITE 300, TROY, MI, 480982808
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 718
- Total Assets: $35.4M
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 | 718 | $35.4M | $12.8M | $1.7M |
| 2023 | 740 | $30.8M | $11.1M | $1.6M |
| 2022 | 665 | $28.0M | $10.5M | $2.2M |
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 |
|---|---|---|---|---|
| BENESYS, INC. | Other Service Provider | $285,018 | — | $285,018 |
| NOVARA, TESIJA & CATENACCI, PLLC | Other Service Provider | $125,350 | — | $125,350 |
| UNION LABOR LIFE INSURANCE COMPANY | Recordkeeper | $73,532 | — | $73,532 |
| USI INSURANCE SERVICES | Other Service Provider | $45,000 | — | $45,000 |
| MACQUEEN AND ASSOCIATES | Other Service Provider | $12,817 | $24,580 | $37,397 |
| PLUMBERS & PIPEFITTERS UA LOCAL 85 | Other Service Provider | $25,316 | — | $25,316 |
| MARQUETTE ASSOCIATES, INC. | Other Service Provider | $25,000 | — | $25,000 |
| BULTYNCK & CO., PLLC | Other Service Provider | $20,100 | — | $20,100 |
| MEDTIPSTER | Other Service Provider | $10,660 | — | $10,660 |
| UNITED ACTUARIAL SERVICES, INC. | Other Service Provider | $9,200 | — | $9,200 |
| AMERICAN GRAPHICS PRINTING CO | Other Service Provider | $8,774 | — | $8,774 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UNION LABOR LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $665,347
- Estimated Expense Ratio: 1.880% 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 | $489,828 | $43,675 | $73,346 | $19,500 | — |
| 2023 | $503,719 | $109,462 | $69,427 | $20,609 | — |
| 2022 | $447,905 | $78,543 | $60,780 | — | $143,221 |