Plan Snapshot
- Plan Sponsor: National Automatic Sprinkler Metal Trades Welfare Fd Jt Brd
- Sponsor EIN: 237351551
- Sponsor Address: 8000 CORPORATE DRIVE, LANDOVER, MD, 207852239
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 680
- Total Assets: $15.1M
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 | 680 | $15.1M | $7.4M | $43,346 |
| 2023 | 641 | $15.9M | $6.3M | $42,766 |
| 2022 | 593 | $15.7M | $5.8M | $43,540 |
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 |
|---|---|---|---|---|
| OPTUM RX | Other Service Provider | $1,470,753 | — | $1,470,753 |
| THE SEGAL COMPANY | Other Service Provider | $105,900 | — | $105,900 |
| CALIBRE CPA GROUP, PLLC | Auditor | $49,904 | — | $49,904 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $35,000 | — | $35,000 |
| COMERICA BANK | Other Service Provider | $25,329 | — | $25,329 |
| AMERICAN HEALTH HOLDINGS, INC. | Other Service Provider | $22,802 | — | $22,802 |
| BASYS | Other Service Provider | $21,340 | — | $21,340 |
| US REAL ESTATE INVESTMENT FUND | Other Service Provider | $18,111 | — | $18,111 |
| JP MORGAN | Recordkeeper | $15,917 | — | $15,917 |
| HEALTHLINX, LLC | Other Service Provider | $9,000 | — | $9,000 |
| O'DONOGHUE & O'DONOGHUE LLP | Other Service Provider | $8,278 | — | $8,278 |
| NIXON PEABODY, LLP | ERISA Attorney | $5,933 | — | $5,933 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
- JP MORGAN — Recordkeeper
- NIXON PEABODY, LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,788,267
- Estimated Expense Ratio: 11.845% 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 | $897,200 | $77,496 | — | $47,431 | — |
| 2023 | $786,421 | $56,024 | — | — | — |
| 2022 | $693,092 | $31,455 | — | — | $175,485 |