Plan Snapshot
- Plan Sponsor: Plumbers And Pipefitters Union, Local No. 525 Health And Welfare Plan
- Sponsor EIN: 237283715
- Sponsor Address: 8311 WEST SUNSET ROAD, LAS VEGAS, NV, 89113
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,472
- Total Assets: $62.1M
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 | 1,472 | $62.1M | $27.2M | $1.0M |
| 2023 | 1,615 | $58.0M | $29.8M | $906,704 |
| 2022 | 1,579 | $50.8M | $25.7M | $920,132 |
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 |
|---|---|---|---|---|
| MARATHON HEALTH | Other Service Provider | $3,300,427 | — | $3,300,427 |
| BENESYS, INC. | Other Service Provider | $837,455 | $9,581 | $847,036 |
| ANTHEM BLUE CROSS BLUE SHIELD | Other Service Provider | $600,693 | — | $600,693 |
| BROWNSTEIN HYATT FARBER SCHRECK LLP | ERISA Attorney | $344,188 | — | $344,188 |
| RUBINBROWN LLP | Auditor | $237,036 | — | $237,036 |
| NATIONAL INVESTMENT SERVICES OF AME | Other Service Provider | $212,502 | — | $212,502 |
| NEVADA HEALTH SOLUTIONS LLC | Other Service Provider | $205,256 | — | $205,256 |
| NURSE CANDACE CONSULTING | Other Service Provider | $200,000 | — | $200,000 |
| HIGHMARK INC. | Other Service Provider | $156,008 | — | $156,008 |
| CHEIRON, INC. | Other Service Provider | $139,332 | — | $139,332 |
| HARMONY HEALTHCARE | Other Service Provider | $138,543 | — | $138,543 |
| SMART SOURCE | Other Service Provider | $97,585 | — | $97,585 |
| AMERICAN TOXICOLOGY | Other Service Provider | $84,885 | — | $84,885 |
| LION BUFFALO, LLC | Other Service Provider | $75,373 | — | $75,373 |
| HAIKAL EXEMPTION TRUST | Other Service Provider | $64,596 | — | $64,596 |
| CIGNA HEALTH AND LIFE INSURANCE CO | Other Service Provider | $46,540 | — | $46,540 |
| HEALTH SERVICES COALITION | Other Service Provider | $25,868 | — | $25,868 |
| UA LOCAL 525 | Other Service Provider | $16,869 | — | $16,869 |
| NEW ENGLAND PENSION CONSULTANTS LLC | Recordkeeper | $15,000 | — | $15,000 |
| COVERALL NORTH AMERICA INC. | Other Service Provider | $13,842 | — | $13,842 |
| IRON MOUNTAIN, INC. | Other Service Provider | $13,279 | — | $13,279 |
| UNION INSURANCE GROUP | Other Service Provider | $8,615 | — | $8,615 |
| ALLIANT INSURANCE SERVICES | Other Service Provider | $7,800 | — | $7,800 |
| QUEST DIAGNOSTICS INC. | Other Service Provider | $7,695 | — | $7,695 |
| BMO BANK | Other Service Provider | $6,804 | — | $6,804 |
| NAVITUS HEALTH SOLUTIONS, LLC | Other Service Provider | $6,450 | — | $6,450 |
| NV ENERGY | Other Service Provider | $6,360 | — | $6,360 |
| EXPRESS SCRIPTS | Other Service Provider | — | $6,206 | $6,206 |
| ZELIS CLAIMS INTEGRITY, LLC | Other Service Provider | $6,103 | — | $6,103 |
| WORLDPAY, INC. | Other Service Provider | $6,046 | — | $6,046 |
| MIDWEST INSTITUTIONAL TRUST COMPANY | Other Service Provider | $6,007 | — | $6,007 |
| P1 GROUP | Other Service Provider | $5,963 | — | $5,963 |
| CHUBB LIMITED | Other Service Provider | $5,406 | — | $5,406 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BROWNSTEIN HYATT FARBER SCHRECK LLP — ERISA Attorney
- RUBINBROWN LLP — Auditor
- NEW ENGLAND PENSION CONSULTANTS LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,914,313
- Estimated Expense Ratio: 11.141% 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 | $2,306,971 | $227,502 | $770,729 | $37,300 | — |
| 2023 | $2,202,155 | $305,695 | $630,494 | $34,700 | — |
| 2022 | $2,047,556 | $261,044 | $630,809 | — | $925,642 |