Plan Snapshot
- Plan Sponsor: Plumbers & Pipefitters Local 162 Health & Insurance Fund
- Sponsor EIN: 316171908
- Sponsor Address: 1200 EAST SECOND STREET, DAYTON, OH, 45403
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 797
- Total Assets: $21.3M
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 | 797 | $21.3M | $18.0M | $163,900 |
| 2023 | 623 | $13.2M | $11.9M | $256,224 |
| 2022 | 454 | $8.8M | $9.6M | $267,670 |
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 |
|---|---|---|---|---|
| UMR, INC. | Other Service Provider | $603,537 | $31,807 | $635,344 |
| COMMUNITY INSURANCE COMPANY | Other Service Provider | $95,596 | $27,835 | $123,431 |
| UNITED ACTUARIAL SERVICES INC | Other Service Provider | $73,327 | — | $73,327 |
| CLARK, SCHAEFER, HACKETT & CO. | Other Service Provider | $34,522 | — | $34,522 |
| SAV-RX PRESCRIPTION SERVICES | Other Service Provider | $33,382 | — | $33,382 |
| LEDBETTER PARISI, LLC | Other Service Provider | $26,127 | — | $26,127 |
| STRATEGIC CAPITAL INVESTMENT ADVISO | Other Service Provider | $13,183 | — | $13,183 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $939,316
- Estimated Expense Ratio: 4.411% 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 | $802,981 | $13,183 | $607,437 | $34,522 | — |
| 2023 | $587,779 | $16,034 | $410,869 | $32,551 | — |
| 2022 | $491,239 | $21,284 | $319,305 | — | $108,822 |