Plan Snapshot
- Plan Sponsor: Plumbers And Pipefitters Local Union 344
- Sponsor EIN: 730950060
- Sponsor Address: 4337 SW 44TH, OKLAHOMA CITY, OK, 73119
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,315
- Total Assets: $15.4M
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 | 1,315 | $15.4M | $16.4M | $368,690 |
| 2023 | 971 | $14.1M | $13.9M | $323,409 |
| 2022 | 953 | $12.8M | $12.5M | $398,935 |
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 |
|---|---|---|---|---|
| UNITED HEALTHCARE INSURANCE COMPANY | Other Service Provider | $803,431 | $6,360 | $809,791 |
| BENEFIT RESOURCES, INC. | Recordkeeper | $177,331 | — | $177,331 |
| DELTA DENTAL | Other Service Provider | $82,307 | — | $82,307 |
| IMA INC | Actuary | $80,000 | — | $80,000 |
| ANDREA PEERY | Other Service Provider | $77,711 | — | $77,711 |
| BLUE CROSS BLUE SHIELD OF ILLINOIS | Other Service Provider | $44,078 | — | $44,078 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $32,781 | — | $32,781 |
| LUTON & CO | Other Service Provider | $23,900 | — | $23,900 |
| MCAFEE & TAFT | ERISA Attorney | $23,829 | — | $23,829 |
| ST. JOHNS MERCY HEALTH SERVICES | Other Service Provider | $19,881 | — | $19,881 |
| RBC WEALTH MANAGEMENT | Recordkeeper | $15,584 | — | $15,584 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCAFEE & TAFT — ERISA Attorney
- RBC WEALTH MANAGEMENT — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,387,193
- Estimated Expense Ratio: 8.982% 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 | $1,354,372 | $16,036 | $878,293 | — | — |
| 2023 | $2,101,710 | $12,286 | $1,069,649 | — | — |
| 2022 | $2,155,851 | $13,196 | $851,350 | — | $158,536 |