Plan Snapshot
- Plan Sponsor: Lansing Local 826 Glaziers Health & Welfare Trust
- Sponsor EIN: 386148724
- Sponsor Address: PO BOX 189, JACKSON, MI, 49204
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 113
- Total Assets: $1.1M
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 | 113 | $1.1M | $1.8M | $15,102 |
| 2023 | 123 | $1.1M | $1.7M | $8,583 |
| 2022 | 117 | $1.6M | $1.5M | $26,511 |
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 |
|---|---|---|---|---|
| JFP BENEFITS MANAGEMENT | Other Service Provider | $59,734 | — | $59,734 |
| BLUE CROSS BLUE SHIELD OF MICHIGAN | Other Service Provider | $58,283 | — | $58,283 |
| MCGINTY, HITCH & ASSOCIATES | Other Service Provider | $16,101 | — | $16,101 |
| BENDA, GRACE, STULZ & COMPANY, P.C. | Other Service Provider | $16,000 | — | $16,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $150,118
- Estimated Expense Ratio: 13.202% 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 | $190,577 | $1,956 | $119,398 | $32,000 | — |
| 2023 | $227,260 | $5,073 | $165,133 | $16,500 | — |
| 2022 | $106,992 | $6,049 | $58,071 | — | $37,833 |