Plan Snapshot
- Plan Sponsor: Painters District Council No. 30 Health And Welfare Fund
- Sponsor EIN: 237072134
- Sponsor Address: 1905 SEQUOIA DRIVE, SUITE 203, AURORA, IL, 60506
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 970
- Total Assets: $59.0M
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 | 970 | $59.0M | $25.5M | $1.3M |
| 2023 | 1,025 | $55.7M | $29.6M | $1.2M |
| 2022 | 991 | $45.0M | $30.5M | $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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD | Other Service Provider | $17,352,224 | — | $17,352,224 |
| CITIZENS RX, LLC | Other Service Provider | $4,019,359 | — | $4,019,359 |
| DELTA DENTAL OF ILLINOIS | Other Service Provider | $1,621,221 | — | $1,621,221 |
| PDC NO. 30 PENSION FUND | Other Service Provider | $772,500 | — | $772,500 |
| INETICO, LLC DBA VALENZ CARE | Other Service Provider | $320,531 | — | $320,531 |
| VISION SERVICE PLAN | Other Service Provider | $219,857 | — | $219,857 |
| PDC NO. 30 | Other Service Provider | $180,000 | — | $180,000 |
| MACNELL ACCOUNTING & CONSULTING,LLP | Other Service Provider | $159,570 | — | $159,570 |
| PAYDHEALTH, LLC | Other Service Provider | $119,107 | — | $119,107 |
| BUCK GLOBAL, LLC | Other Service Provider | $93,675 | — | $93,675 |
| TEAM CORPORATION | Other Service Provider | $74,524 | — | $74,524 |
| BRIDGEWAY BENEFIT TECHNOLOGIES, LLC | Other Service Provider | $68,053 | — | $68,053 |
| PDC NO. 30 LMIDF | Other Service Provider | $61,260 | — | $61,260 |
| NATIONAL INVESTMENT SVCS OF AMERICA | Other Service Provider | $43,440 | — | $43,440 |
| EPLAN LLC | Other Service Provider | $37,472 | — | $37,472 |
| ACCRETIVE GLOBAL INUSRANCE SERVICES | Other Service Provider | $30,409 | — | $30,409 |
| STRATEGIC CAPITAL INVEST. ADVISOR | Other Service Provider | $24,000 | — | $24,000 |
| JACOBS, BURNS, ORLOVE & HERNANDEZ | Other Service Provider | $14,313 | — | $14,313 |
| GREEN LIGHT COST MANAGEMENT LLC | Other Service Provider | $10,030 | — | $10,030 |
| AURORA FASTPRINT | Other Service Provider | $7,538 | — | $7,538 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,229,083
- Estimated Expense Ratio: 42.777% 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 | $2,262,232 | $101,332 | — | $71,808 | — |
| 2023 | $2,058,685 | $88,309 | — | $68,716 | — |
| 2022 | $2,103,560 | $74,812 | — | — | $363,806 |