Plan Snapshot
- Plan Sponsor: Pennsylvania Federation Of Teachers Public Sector Health & Welfare Fd
- Sponsor EIN: 232138545
- Sponsor Address: 1816 CHESTNUT STREET, PHILADELPHIA, PA, 19103
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 293
- Total Assets: $1.6M
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 | 293 | $1.6M | $161,613 | $0 |
| 2023 | 283 | $1.6M | $159,232 | $0 |
| 2022 | 269 | $1.6M | $154,924 | $0 |
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 |
|---|---|---|---|---|
| HEFFLER, RADETICH & SAITTA, LLP | Other Service Provider | $10,055 | — | $10,055 |
| PFT HEALTH & WELFARE FUND | Other Service Provider | $8,670 | — | $8,670 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,725
- Estimated Expense Ratio: 1.180% 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 | $23,517 | — | $8,670 | $10,055 | — |
| 2023 | $22,323 | — | $7,962 | $9,663 | — |
| 2022 | $23,753 | — | $7,736 | — | $10,910 |