Plan Snapshot
- Plan Sponsor: Plumbers & Pipefitters L.U. No. 572 Health & Welfare Fund
- Sponsor EIN: 620786559
- Sponsor Address: P.O BOX 1449 P.O. BOX 1449, GOODLETTSVILLE, TN, 370701449
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,180
- Total Assets: $34.4M
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 | 1,180 | $34.4M | $18.3M | $1.2M |
| 2023 | 1,094 | $29.0M | $16.5M | $1.2M |
| 2022 | 924 | $22.1M | $14.2M | $1.2M |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF TENNESSEE | Other Service Provider | $636,346 | — | $636,346 |
| SOUTHERN BENEFITS ADMINISTRATORS IN | Other Service Provider | $376,880 | — | $376,880 |
| LAPADULA CARLSON & CO. | Auditor | $22,609 | — | $22,609 |
| STRATEGIC CAPITAL INVESTMENT ADVISO | Other Service Provider | $22,135 | — | $22,135 |
| GOODWIN, MORRIS, LURENZI & BLOOMFIE | Other Service Provider | $13,480 | — | $13,480 |
| OSBORN, CARREIRO & ASSOCIATES INC. | Other Service Provider | $6,600 | — | $6,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LAPADULA CARLSON & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,078,050
- Estimated Expense Ratio: 3.136% 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 | $481,035 | $26,062 | $344,000 | $22,609 | — |
| 2023 | $441,161 | $25,243 | $312,000 | $21,500 | — |
| 2022 | $418,949 | $25,638 | $312,000 | — | $49,123 |