Plan Snapshot
- Plan Sponsor: Plumbers Pipefitters Local 25 Welfare Fund
- Sponsor EIN: 362510895
- Sponsor Address: 1903 52ND AVE, MOLINE, IL, 61265
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,109
- Total Assets: $45.0M
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 | 1,109 | $45.0M | $17.8M | $2.1M |
| 2023 | 1,094 | $46.0M | $16.4M | $1.7M |
| 2022 | 1,044 | $44.7M | $15.6M | $1.6M |
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 |
|---|---|---|---|---|
| EVERSIDE HEALTH/ACTIVATE/MARATHON | Other Service Provider | $983,246 | — | $983,246 |
| P&P LOCAL 25 FRINGE BENEFIT FUNDS L | Other Service Provider | $470,648 | — | $470,648 |
| MIDWEST ASSOCIATION OF H&W FUNDS | Other Service Provider | $224,070 | — | $224,070 |
| BLUE CROSS BLUE SHIELD | Other Service Provider | $145,161 | — | $145,161 |
| HINES & ASSOC | Other Service Provider | $65,285 | — | $65,285 |
| RJ LEE AND ASSOCIATES | Other Service Provider | $29,750 | — | $29,750 |
| DANA INVESTMENTS | Other Service Provider | $23,450 | — | $23,450 |
| CALIBRE CPA GROUP PLLC | Auditor | $19,486 | — | $19,486 |
| BAUM SIGMAN AUERBACH & NEUMAN | Other Service Provider | $18,321 | — | $18,321 |
| VISION SERVICE PLAN | Other Service Provider | $18,211 | — | $18,211 |
| HEALTH LINX | Other Service Provider | $15,000 | — | $15,000 |
| BARTLETT & CO. LLC | Other Service Provider | $14,494 | — | $14,494 |
| MILLIMAN | Recordkeeper | $12,775 | — | $12,775 |
| QUAD CITY BANK & TRUST | Other Service Provider | $10,613 | — | $10,613 |
| INVESTMENT CONSULTING GROUP | Other Service Provider | $9,500 | — | $9,500 |
| SANDS CAPITAL MANAGEMENT, LLC | Other Service Provider | $5,403 | — | $5,403 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP PLLC — Auditor
- MILLIMAN — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,065,413
- Estimated Expense Ratio: 4.590% 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 | $781,093 | $52,834 | $470,648 | $21,115 | — |
| 2023 | $782,047 | $61,117 | $476,244 | $20,154 | — |
| 2022 | $778,868 | $163,350 | $468,542 | — | $90,086 |