Plan Snapshot
- Plan Sponsor: Joint Board Plumbers & Pipefitters 333 Health & Welfare Benefit Plan
- Sponsor EIN: 383544316
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 48917
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 759
- Total Assets: $28.9M
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 | 759 | $28.9M | $17.8M | $713,601 |
| 2023 | 730 | $23.5M | $16.5M | $584,506 |
| 2022 | 623 | $18.2M | $12.0M | $613,152 |
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 |
|---|---|---|---|---|
| TIC MIDWEST | Other Service Provider | $135,601 | — | $135,601 |
| NOVARA LAW GROUP, PLLC | Other Service Provider | $111,552 | — | $111,552 |
| SALUS GROUP | Other Service Provider | — | $108,714 | $108,714 |
| MACQUEEN AND ASSOCIATES, LLC | Other Service Provider | $15,485 | $35,804 | $51,289 |
| HEALTH PLAN ADVOCATE | Other Service Provider | $49,899 | — | $49,899 |
| BULTYNCK & CO., PLLC | Other Service Provider | $24,995 | — | $24,995 |
| STRATEGIC CAPITAL INVESTMENT ADVR. | Other Service Provider | $22,925 | — | $22,925 |
| STEFANSKY, HOLLOWAY & NICHOLS INC. | Other Service Provider | $15,365 | — | $15,365 |
| UNITED ACTUARIAL SERVICES, INC. | Other Service Provider | $6,125 | — | $6,125 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $526,465
- Estimated Expense Ratio: 1.822% 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 | $1,255,296 | $26,077 | $980,067 | $37,956 | — |
| 2023 | $1,113,636 | $25,903 | $892,356 | $43,296 | — |
| 2022 | $1,043,707 | $24,739 | $802,937 | — | $151,919 |