Plan Snapshot
- Plan Sponsor: Operating Engineers Local No 37 Health & Welfare Fund
- Sponsor EIN: 526039006
- Sponsor Address: 3615 NORTH POINT BOULEVARD NO C, BALTIMORE, MD, 21222
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,163
- Total Assets: $29.6M
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 | 1,163 | $29.6M | $14.8M | $908,261 |
| 2023 | 1,163 | $28.9M | $13.9M | $913,173 |
| 2022 | 1,100 | $30.8M | $13.7M | $857,758 |
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 |
|---|---|---|---|---|
| DECISION SCIENCE, INC | Other Service Provider | $1,146,712 | — | $1,146,712 |
| LABOR FIRST (RETIREE HEALTH) | Other Service Provider | $230,774 | — | $230,774 |
| CAREFIRST NETWORK LEASING | Other Service Provider | $71,646 | — | $71,646 |
| MORGAN LEWIS | ERISA Attorney | $70,828 | — | $70,828 |
| CHARTWELL | Other Service Provider | $56,610 | — | $56,610 |
| AMERICAN REALTY ADVISORS | Other Service Provider | $44,957 | — | $44,957 |
| AMERICAN HEALTH HOLDINGS, INC. | Other Service Provider | $24,668 | — | $24,668 |
| BOLTON PARTNERS, INC. | Other Service Provider | $23,800 | — | $23,800 |
| CALIBRE CPA GROUP, PLLC | Auditor | $19,689 | — | $19,689 |
| CIGNA DENTAL HEALTH | Other Service Provider | $19,594 | — | $19,594 |
| INVESTMENT PERFORMANCE SERVICES | Other Service Provider | $15,500 | — | $15,500 |
| INTERCONTINENTAL RE FUND | Other Service Provider | $11,999 | — | $11,999 |
| DOYLE PRINTING | Other Service Provider | $8,704 | — | $8,704 |
| WEDGE CAPITAL MANAGEMENT | Other Service Provider | $7,403 | — | $7,403 |
| AMERICAN HEALTHCARE ALLIANCE | Other Service Provider | $7,215 | — | $7,215 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN LEWIS — ERISA Attorney
- 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: $1,760,099
- Estimated Expense Ratio: 5.937% 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 | $1,519,347 | $148,627 | $1,058,323 | $18,850 | — |
| 2023 | $1,403,235 | $160,891 | $921,813 | $34,800 | — |
| 2022 | $1,346,559 | $162,637 | $853,070 | — | $151,924 |