Plan Snapshot
- Plan Sponsor: Md Electrical Industry Health Fund
- Sponsor EIN: 526177115
- Sponsor Address: 9200 US ROUTE 60, ONA, WV, 255457417
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,390
- Total Assets: $60.8M
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 | 2,390 | $60.8M | $32.4M | $3.3M |
| 2023 | 1,995 | $49.1M | $28.3M | $3.4M |
| 2022 | 2,099 | $43.1M | $29.7M | $3.4M |
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 |
|---|---|---|---|---|
| AMERICAN BENEFIT CORPORATION | Other Service Provider | $756,982 | — | $756,982 |
| ZELIS | Other Service Provider | $266,053 | — | $266,053 |
| NCAS/CFA, LLC | Other Service Provider | $224,360 | — | $224,360 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $210,208 | — | $210,208 |
| AMERICAN HEALTH HOLDING | Other Service Provider | $168,251 | — | $168,251 |
| ABATO, RUBENSTEIN & ABATO P.A. | Other Service Provider | $88,781 | — | $88,781 |
| THE SEGAL COMPANY | Other Service Provider | $85,204 | — | $85,204 |
| JOHNSON PRINTING COMPANY | Other Service Provider | $82,335 | — | $82,335 |
| TELADOC HEALTH | Other Service Provider | $60,516 | — | $60,516 |
| M&T BANK | Recordkeeper | $35,840 | — | $35,840 |
| SAV-RX PRESCRIPTION SERVICES | Other Service Provider | $33,288 | — | $33,288 |
| CALIBRE CPA GROUP PLLC | Auditor | $23,906 | — | $23,906 |
| LOOMIS, SAYLES & COMPANY, L.P. | Other Service Provider | $23,655 | — | $23,655 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $19,725 | — | $19,725 |
| DELTA DENTAL | Other Service Provider | $11,038 | — | $11,038 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- M&T BANK — Recordkeeper
- CALIBRE CPA GROUP PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,090,142
- Estimated Expense Ratio: 3.436% 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 | $2,259,834 | $43,380 | $1,109,063 | $24,967 | — |
| 2023 | $2,630,723 | $59,230 | $704,466 | $21,500 | — |
| 2022 | $2,674,152 | $65,485 | $683,948 | — | $825,826 |