Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees South Central Laborers H&W Fund
- Sponsor EIN: 726029088
- Sponsor Address: PO BOX 1449, GOODLETTSVILLE, TN, 370701449
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 48
- Total Assets: $6.1M
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 | 48 | $6.1M | $481,073 | $3,666 |
| 2023 | 55 | $5.7M | $510,066 | $7,104 |
| 2022 | 41 | $5.1M | $412,163 | $749 |
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 ADMINISTRATORS | Recordkeeper | $90,000 | — | $90,000 |
| EXPRESS SCRIPTS | Other Service Provider | $46,494 | — | $46,494 |
| TED SOILEAU CPA LLC | Other Service Provider | $25,034 | — | $25,034 |
| STRANCH, JENNINGS & GARVEY | ERISA Attorney | $10,515 | — | $10,515 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $172,043
- Estimated Expense Ratio: 2.817% 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 | $156,195 | $5,396 | $90,000 | $25,034 | — |
| 2023 | $123,335 | $100 | $90,000 | $21,540 | — |
| 2022 | $123,561 | $100 | $90,000 | — | $25,089 |