Plan Snapshot
- Plan Sponsor: Plumbers And Pipefitters Local 625 Health & Welfare Fund
- Sponsor EIN: 882080702
- Sponsor Address: 9200 US ROUTE 60, ONA, WV, 25545
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 287
- Total Assets: $8.7M
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 | 287 | $8.7M | $6.8M | $165,061 |
| 2023 | 301 | $7.6M | $6.1M | $145,909 |
| 2022 | 299 | $4.9M | $6.7M | $37,090 |
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 |
|---|---|---|---|---|
| CRUMDALE PARTNERS | Other Service Provider | $457,690 | — | $457,690 |
| AMERICAN BENEFIT CORPORATION | Other Service Provider | $126,000 | — | $126,000 |
| LABOR FIRST LLC | Other Service Provider | $111,695 | — | $111,695 |
| JOHN DASCOLI PLLC | Recordkeeper | $12,092 | — | $12,092 |
| HARRIS HARDIN & COMPANY A.C. | Auditor | $11,793 | — | $11,793 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN DASCOLI PLLC — Recordkeeper
- HARRIS HARDIN & COMPANY A.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $719,270
- Estimated Expense Ratio: 8.230% 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 | $793,937 | — | $126,000 | $11,793 | — |
| 2023 | $719,398 | — | $136,000 | $11,754 | — |
| 2022 | $263,765 | — | $75,087 | — | $177,398 |