Plan Snapshot
- Plan Sponsor: Joint Board Roofers Union Local No 70 Insurance Trust Fund
- Sponsor EIN: 382818643
- Sponsor Address: 1451 OLD PINCKNEY ROAD, HOWELL, MI, 48843
- Plan Type: Health & Welfare
- Plan Number: 504
- Total Participants: 449
- Total Assets: $8.9M
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 | 449 | $8.9M | $5.1M | $134,226 |
| 2023 | 363 | $8.9M | $5.3M | $243,838 |
| 2022 | 291 | $7.8M | $4.7M | $230,741 |
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 | $122,314 | — | $122,314 |
| LAURA LONDON | Other Service Provider | $36,421 | — | $36,421 |
| ROOFERS JOINT EDUCATION TRUST FUND | Other Service Provider | $35,495 | — | $35,495 |
| BULTYNCK & CO., PLLC | Other Service Provider | $14,900 | — | $14,900 |
| MONROE & ASSOCIATES, INC. | Other Service Provider | $11,500 | — | $11,500 |
| SEGAL SELECT INSURANCE SERVICES | Other Service Provider | $11,266 | — | $11,266 |
| BENDA, GRACE, STULZ & CO | Other Service Provider | $8,608 | — | $8,608 |
| PNC BANK | Other Service Provider | $7,891 | — | $7,891 |
| JAMES D. NAIDA, PC | Other Service Provider | $5,320 | — | $5,320 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $253,715
- Estimated Expense Ratio: 2.851% 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 | $237,797 | $15,144 | $63,818 | $16,011 | — |
| 2023 | $228,893 | $12,646 | $70,983 | $14,600 | — |
| 2022 | $217,936 | $10,695 | $70,003 | — | $28,082 |