Plan Snapshot
- Plan Sponsor: Local 212, Ibew Health & Welfare Trust Fund
- Sponsor EIN: 310782819
- Sponsor Address: 2625 BUTTERFIELD ROAD, OAK BROOK, IL, 60523
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 1,239
- Total Assets: $40.1M
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 | 1,239 | $40.1M | $20.3M | $2.2M |
| 2023 | 1,126 | $36.2M | $17.3M | $2.2M |
| 2022 | 1,156 | $34.0M | $17.1M | $2.1M |
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 |
|---|---|---|---|---|
| EVERSIDE HEALTHCARE | Other Service Provider | $930,050 | — | $930,050 |
| ANTHEM BLUE CROSS AND BLUE SHIELD | Other Service Provider | $573,046 | — | $573,046 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $346,536 | — | $346,536 |
| SAV-RX | Other Service Provider | $83,759 | — | $83,759 |
| MCGOHAN BRAEBENDER AGENCY,INC | Other Service Provider | $82,214 | — | $82,214 |
| LABCORP | Other Service Provider | $77,391 | — | $77,391 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $59,653 | — | $59,653 |
| KELLEY GALLOWAY SMITH GOOLSBY, PSC | Auditor | $57,434 | — | $57,434 |
| CUNI RUST AND STRENK | Other Service Provider | $53,054 | — | $53,054 |
| LEDBETTER PARISI LLC | Other Service Provider | $43,379 | — | $43,379 |
| BETHESDA HEALTH CARE | Other Service Provider | $28,301 | — | $28,301 |
| SEGAL SELECT INSURANCE | Other Service Provider | $17,473 | $2,779 | $20,252 |
| STRATEGIC CAPITAL INVESTMENT ADVISO | Other Service Provider | $20,000 | — | $20,000 |
| PNC BANK, NATIONAL ASSOCIATION | Other Service Provider | $18,355 | — | $18,355 |
| INCLUDED HEALTH, INC. | Other Service Provider | $16,373 | — | $16,373 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KELLEY GALLOWAY SMITH GOOLSBY, PSC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,409,797
- Estimated Expense Ratio: 6.002% 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 | $1,866,744 | $79,653 | $362,910 | $84,944 | — |
| 2023 | $1,919,090 | $73,562 | $379,726 | $40,468 | — |
| 2022 | $2,809,087 | $69,259 | $523,546 | — | $283,309 |