Plan Snapshot
- Plan Sponsor: Philadelphia Joint Board Workers United
- Sponsor EIN: 230341240
- Sponsor Address: 22 SOUTH 22ND STREET, PHILADELPHIA, PA, 19103
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,199
- Total Assets: $3.2M
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. |
|---|---|---|---|---|
| 2025 | 1,199 | $3.2M | $0 | $0 |
| 2024 | 1,072 | $2.9M | $34,836 | $0 |
| 2023 | 872 | $2.7M | $40,657 | $0 |
| 2022 | 1,036 | $2.3M | $24,955 | $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 |
|---|---|---|---|---|
| MERANZE, KATZ & GAUDIOSO PC | Other Service Provider | $63,278 | — | $63,278 |
| PHILA JOINT BOARD WORKERS UNITED | Other Service Provider | $35,070 | — | $35,070 |
| PERSHING ADVISOR SOLUTIONS LLC | Other Service Provider | $28,151 | — | $28,151 |
| NOVAK FRANCELLA LLC | Other Service Provider | $14,550 | — | $14,550 |
| LOCAL 274 HEALTH AND WELFARE FUND | Other Service Provider | $14,346 | — | $14,346 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $155,395
- Estimated Expense Ratio: 4.924% 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 |
|---|---|---|---|---|---|
| 2025 | $166,232 | $28,164 | — | $14,550 | — |
| 2024 | $93,450 | $26,084 | — | $14,451 | — |
| 2023 | $92,873 | $22,511 | — | $13,505 | — |
| 2022 | $100,183 | $24,266 | — | — | $22,326 |