Plan Snapshot
- Plan Sponsor: Laborers Union Local 1174 Health And Welfare Fund
- Sponsor EIN: 240856734
- Sponsor Address: 6345 FLANK DRIVE SUITE 400, HARRISBURG, PA, 17112
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 392
- Total Assets: $14.7M
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 | 392 | $14.7M | $6.4M | $205,973 |
| 2023 | 398 | $13.2M | $3.3M | $179,325 |
| 2022 | 319 | $14.9M | $3.5M | $173,932 |
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 |
|---|---|---|---|---|
| CIGNA | Other Service Provider | $191,165 | — | $191,165 |
| 90 DEGREE BENEFITS COMPANY | Other Service Provider | $189,612 | — | $189,612 |
| BENECARD PRESCRIPTION BENEFIT | Other Service Provider | $58,560 | — | $58,560 |
| CBIZ | Other Service Provider | $32,735 | — | $32,735 |
| O'DONOGHUE AND O'DONOGHUE | Other Service Provider | $26,221 | — | $26,221 |
| ALAN ROSS & COMPANY | Other Service Provider | $12,500 | — | $12,500 |
| DELTA DENTAL | Other Service Provider | $9,152 | — | $9,152 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $519,945
- Estimated Expense Ratio: 3.535% 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 | $1,410,642 | $347 | $189,612 | $12,500 | — |
| 2023 | $1,082,361 | $918 | $135,116 | $12,500 | — |
| 2022 | $399,831 | $7,722 | $127,566 | — | $54,034 |