Plan Snapshot
- Plan Sponsor: Kentucky Laborers District Council Health & Welfare Fund
- Sponsor EIN: 237017526
- Sponsor Address: 1996 BY-PASS SOUTH, LAWRENCEBURG, KY, 40342
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,776
- Total Assets: $46.2M
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 | 1,776 | $46.2M | $26.9M | $874,590 |
| 2023 | 1,556 | $38.6M | $23.5M | $849,740 |
| 2022 | 1,331 | $34.0M | $19.4M | $882,786 |
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 |
|---|---|---|---|---|
| ANTHEM HEALTH PLANS OF KENTUCKY INC | Recordkeeper | $729,492 | — | $729,492 |
| SOLXSYS ADMINISTRATIVE SOLUTIONS | Other Service Provider | $201,659 | — | $201,659 |
| SAMANTHA J GRIFFIETH | Other Service Provider | $106,528 | — | $106,528 |
| JOHNSON & KROL | Other Service Provider | $86,698 | — | $86,698 |
| LESLEY OSBORNE | Other Service Provider | $73,341 | — | $73,341 |
| KAREN COONTZ | Other Service Provider | $65,717 | — | $65,717 |
| JESSICA G SHACKELFORD | Other Service Provider | $65,060 | — | $65,060 |
| DANA CROUCH | Other Service Provider | $64,667 | — | $64,667 |
| JENNIFER WILHITE | Other Service Provider | $64,626 | — | $64,626 |
| KAYLIE N WATKINS | Other Service Provider | $63,642 | — | $63,642 |
| NETCOMM | Other Service Provider | $50,829 | — | $50,829 |
| TED SOLIEAU, CPA, LLC | Other Service Provider | $45,750 | — | $45,750 |
| RHONDA K ANDERSON | Other Service Provider | $44,128 | — | $44,128 |
| AMALGAMATED BANK | Other Service Provider | $39,981 | — | $39,981 |
| PNC FINANCIAL SERVICES GROUP | Other Service Provider | $29,936 | — | $29,936 |
| CHERRY BEKAERT LLP | Other Service Provider | $28,750 | — | $28,750 |
| SEGAL CONSULTING | Other Service Provider | $27,451 | — | $27,451 |
| INVESTMENT PERFORMANCE SERVICES | Other Service Provider | $20,000 | — | $20,000 |
| UNITED ACTUARIAL SERVICES, INC. | Other Service Provider | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANTHEM HEALTH PLANS OF KENTUCKY INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,818,255
- Estimated Expense Ratio: 3.935% 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 | $1,939,382 | $100,795 | $729,492 | $28,750 | — |
| 2023 | $1,809,952 | $15,000 | — | $30,495 | — |
| 2022 | $1,704,237 | $101,004 | — | — | $196,192 |