Plan Snapshot
- Plan Sponsor: Monroe Plumbers Local 671 Health & Welfare Plan
- Sponsor EIN: 381753045
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 48917
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 188
- Total Assets: $5.9M
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 | 188 | $5.9M | $5.0M | $523,338 |
| 2023 | 195 | $6.3M | $5.2M | $536,743 |
| 2022 | 178 | $4.7M | $4.0M | $510,033 |
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 |
|---|---|---|---|---|
| FRONTPATH HEALTH COALITION | Other Service Provider | $153,065 | — | $153,065 |
| NOVARA TESIJA, PLLC | Other Service Provider | $126,053 | — | $126,053 |
| TIC INTERNATIONAL CORP | Other Service Provider | $102,862 | — | $102,862 |
| UNITED ACTUARIAL SERVICES, INC | Other Service Provider | $43,775 | — | $43,775 |
| UA LOCAL 671 | Other Service Provider | $27,798 | — | $27,798 |
| HEALTHSMART CARE MANAGEMENT SOLUTIO | Other Service Provider | $26,119 | — | $26,119 |
| TITUS & URBANSKI, INC | Other Service Provider | $17,500 | — | $17,500 |
| MORGAN STANLEY | Recordkeeper | $12,072 | — | $12,072 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $509,244
- Estimated Expense Ratio: 8.625% 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 | $536,017 | $12,072 | $90,687 | $17,500 | — |
| 2023 | $424,774 | $8,829 | $60,861 | $16,600 | — |
| 2022 | $406,836 | $11,206 | $60,861 | — | $278,751 |