Plan Snapshot
- Plan Sponsor: Operating Engineers Local 139 Health Benefit Fund
- Sponsor EIN: 237166771
- Sponsor Address: PO BOX 160, PEWAUKEE, WI, 530720130
- Plan Type: 401(k)
- Plan Number: 599
- Total Participants: 7,422
- Total Assets: $529.7M
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 | 7,422 | $529.7M | $159.1M | $14.7M |
| 2023 | 7,363 | $487.1M | $146.7M | $17.2M |
| 2022 | 7,054 | $449.7M | $137.2M | $18.8M |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF WISCONSIN | Other Service Provider | $3,409,278 | — | $3,409,278 |
| BENESYS | Other Service Provider | $1,967,558 | — | $1,967,558 |
| CASE MANAGEMENT SPECIALIST, INC. | Other Service Provider | $899,802 | — | $899,802 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $304,083 | — | $304,083 |
| RREEF AMERICA L.L.C. | Other Service Provider | $261,628 | — | $261,628 |
| ZELIS PAYMENTS HOLDINGS, LLC | Other Service Provider | $214,404 | — | $214,404 |
| INDUSTRY FUND MANAGEMENT PTY LTD | Other Service Provider | $196,303 | — | $196,303 |
| BLACKSTONE | Other Service Provider | $195,447 | — | $195,447 |
| NATIONAL INVESTMENT SERVICES, INC | Other Service Provider | $158,429 | — | $158,429 |
| CONSTRUCTION BUSINESS GROUP | Other Service Provider | $152,340 | — | $152,340 |
| THE SEGAL COMPANY (MIDWEST), INC | Other Service Provider | $140,424 | — | $140,424 |
| REINHART BOERNER VAN DEUREN | Other Service Provider | $132,635 | — | $132,635 |
| SIERRA INVESTMENT PARTNERS, INC | Other Service Provider | $132,123 | — | $132,123 |
| SOMMERS AND FARHNRENBACH | Other Service Provider | $110,675 | — | $110,675 |
| IUOE LOCAL 139 | Other Service Provider | $107,598 | — | $107,598 |
| CVS PHARMACY, INC. | Other Service Provider | $88,508 | — | $88,508 |
| FOUNDRY PARTNERS, LLC | Other Service Provider | $86,640 | — | $86,640 |
| BEACH POINT CAPITAL MANAGEMENT LP | Other Service Provider | $84,760 | — | $84,760 |
| CCSAP | Other Service Provider | $65,342 | — | $65,342 |
| ONTECH SYSTEMS INC | Other Service Provider | $61,594 | — | $61,594 |
| US BANK | Recordkeeper | $59,627 | — | $59,627 |
| OPTUM RX | Other Service Provider | $56,262 | — | $56,262 |
| MARQUETTE ASSOCIATES | Other Service Provider | $50,500 | — | $50,500 |
| CALIBRE CPA GROUP, PLLC | Auditor | $41,961 | — | $41,961 |
| MEDICAL REVIEW INSTITUTE OF AMERICA | Other Service Provider | $26,250 | — | $26,250 |
| STATE BANK OF THE LAKES | Other Service Provider | $21,261 | — | $21,261 |
| AURORA MEDICAL GROUP | Other Service Provider | $20,745 | — | $20,745 |
| SEGAL SELECT INS SERVICES, INC. | Other Service Provider | — | $17,532 | $17,532 |
| BURTON & MAYER | Other Service Provider | $9,115 | — | $9,115 |
| SMART DATA SOLUTIONS | Other Service Provider | $6,000 | — | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- US 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: $9,078,824
- Estimated Expense Ratio: 1.714% 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 | $4,965,959 | $1,165,831 | $1,967,558 | $41,961 | — |
| 2023 | $4,745,513 | $1,027,421 | $1,894,715 | $36,075 | — |
| 2022 | $4,470,613 | $1,088,432 | $1,844,742 | — | $845,246 |