# Louis Padnos Iron And Metal Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/louis-padnos-iron-and-metal-381283690-501

> Louis Padnos Iron And Metal&#39;s Health &amp; Welfare plan: 836 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Louis Padnos Iron And Metal

- **Sponsor EIN:** 381283690

- **Sponsor Address:** 185 WEST 8TH STREET, HOLLAND, MI, 49423

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 836

- **Total Assets:** $0

## 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|836|$0|$0|$0|

| 2023|926|$0|$0|$0|

| 2022|681|$0|$0|$0|

## 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|

| BLUE CROSS BLUE SHIELD OF MICHIGAN|Recordkeeper|$621,419|—|$621,419|

| DELTA DENTAL OF MICHIGAN|Recordkeeper|$19,175|—|$19,175|

| TOTAL CONTROL HEALTH PLANS|Other Service Provider|—|$10,787|$10,787|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $651,381

### 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|—|—|—|—|—|

| 2023|—|—|—|—|—|

| 2022|—|—|—|—|—|

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