Plan Snapshot
- Plan Sponsor: Plumbers & Pipefitters Local 94 Health & Welfare Plan
- Sponsor EIN: 346594978
- Sponsor Address: 3660 STUTZ DRIVE, SUITE 101, CANFIELD, OH, 44406
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 421
- Total Assets: $16.1M
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 | 421 | $16.1M | $8.1M | $546,710 |
| 2023 | 412 | $15.0M | $7.1M | $509,057 |
| 2022 | 394 | $13.9M | $6.2M | $617,864 |
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 |
|---|---|---|---|---|
| MEDICAL MUTUAL OF OHIO | Other Service Provider | $214,653 | — | $214,653 |
| BENESYS, INC. | Recordkeeper | $91,842 | — | $91,842 |
| MACALA & PIATT, LLC | ERISA Attorney | $38,540 | — | $38,540 |
| PNC BANK | Custodian / Trustee | $23,994 | — | $23,994 |
| THE SEGAL COMPANY | Other Service Provider | $20,584 | — | $20,584 |
| PLUMBERS & PIPEFITTERS 94 COMBINED | Other Service Provider | $15,859 | — | $15,859 |
| EMPLOYERS HEALTH COALITION | Other Service Provider | $15,000 | — | $15,000 |
| YURCHYK & DAVIS CPAS INC. | Auditor | $11,900 | — | $11,900 |
| CITY PRINTING | Other Service Provider | $7,894 | — | $7,894 |
| CUNI, RUST, & STRENK | Actuary | $7,350 | — | $7,350 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $447,616
- Estimated Expense Ratio: 2.783% 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 | $256,556 | — | $82,357 | $11,900 | — |
| 2023 | $230,430 | — | $83,495 | $11,900 | — |
| 2022 | $275,019 | $15,489 | $92,841 | — | $92,285 |