Plan Snapshot
- Plan Sponsor: Mo-Kan Iron Workers Welfare Fund
- Sponsor EIN: 436051454
- Sponsor Address: 12200 N. AMBASSADOR DRIVE, KANSAS CITY, MO, 64163
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 720
- Total Assets: $38.9M
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 | 720 | $38.9M | $19.5M | $1.2M |
| 2023 | 720 | $33.7M | $18.3M | $1.1M |
| 2022 | 714 | $28.9M | $13.3M | $1.2M |
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 |
|---|---|---|---|---|
| HUMANA INSURANCE CO | Other Service Provider | $620,653 | — | $620,653 |
| WILSON MCSHANE CORPORATION | Other Service Provider | $315,403 | — | $315,403 |
| CIGNA | Other Service Provider | $306,248 | — | $306,248 |
| ARNOLD, NEWBOLD, SOLLARS & HOLLINS | Other Service Provider | $99,503 | — | $99,503 |
| THE SEGAL COMPANY | Other Service Provider | $96,115 | — | $96,115 |
| ZIEGLER CAPITAL MANAGEMENT, LLC | Other Service Provider | $92,960 | — | $92,960 |
| CONSTRUCTION BENEFITS AUDIT CORP | Other Service Provider | $77,783 | — | $77,783 |
| ANDERS MINKLER HUBER HELM LLP | Auditor | $29,500 | — | $29,500 |
| BMO HARRIS BANK N.A. | Other Service Provider | $26,390 | — | $26,390 |
| BLUE CROSS BLUE SHIELD | Other Service Provider | $20,080 | — | $20,080 |
| BURR OAK CONSULTING | Other Service Provider | $14,583 | — | $14,583 |
| FIDUCIENT ADVISORS | Other Service Provider | $5,452 | — | $5,452 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANDERS MINKLER HUBER HELM LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,704,670
- Estimated Expense Ratio: 4.382% 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 | $1,347,585 | $102,924 | $845,574 | $121,866 | — |
| 2023 | $1,263,140 | $96,430 | $729,025 | $67,862 | — |
| 2022 | $1,134,891 | $110,629 | $680,206 | — | $296,641 |