Plan Snapshot
- Plan Sponsor: Masonry Welfare Trust
- Sponsor EIN: 936023043
- Sponsor Address: 9848 E BURNSIDE, PORTLAND, OR, 97216
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 504
- Total Assets: $6.6M
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 | 504 | $6.6M | $8.2M | $472,259 |
| 2023 | 604 | $6.9M | $8.1M | $442,493 |
| 2022 | 568 | $7.2M | $8.2M | $554,216 |
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 |
|---|---|---|---|---|
| MASONRY INDUSTRY TRUST ADMIN. | Other Service Provider | $510,765 | — | $510,765 |
| VALENZ CLAIM | Other Service Provider | $209,361 | — | $209,361 |
| BRADLEY L. MIDDLETON, PC | Other Service Provider | $101,832 | — | $101,832 |
| MIDDLETON & CO, CPA, PC | Other Service Provider | $78,450 | — | $78,450 |
| INNOVATIVE CARE MANAGEMENT | Other Service Provider | $54,118 | — | $54,118 |
| LABOR FIRST, LLC | Other Service Provider | $39,558 | — | $39,558 |
| MILLIMAN | Recordkeeper | $17,500 | — | $17,500 |
| MODA HEALTH, INC. | Other Service Provider | $12,481 | — | $12,481 |
| KEYCORP | Other Service Provider | $10,946 | $213 | $11,159 |
| METROPOLITAN WEST ASSET MGMT, LLC | Other Service Provider | — | $6,975 | $6,975 |
| DODGE & COX FUNDS - DODIX | Other Service Provider | — | $5,268 | $5,268 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,047,467
- Estimated Expense Ratio: 15.907% 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 | $735,420 | $8,880 | — | $50,500 | — |
| 2023 | $676,708 | $9,256 | — | $44,500 | — |
| 2022 | $588,655 | $9,211 | — | — | $542,508 |