Plan Snapshot
- Plan Sponsor: Roofers 149 Security Benefit Fund
- Sponsor EIN: 382481614
- Sponsor Address: 700 TOWER DRIVE, NO. 300, TROY, MI, 480982808
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 626
- Total Assets: $19.6M
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 | 626 | $19.6M | $13.1M | $1.4M |
| 2023 | 674 | $18.2M | $14.1M | $1.3M |
| 2022 | 623 | $17.5M | $13.4M | $1.3M |
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 |
|---|---|---|---|---|
| ZELIS HEALTHCARE | Other Service Provider | $417,611 | — | $417,611 |
| BENESYS INC | Other Service Provider | $287,075 | — | $287,075 |
| ALLIANCE HEALTH AND LIFE | Other Service Provider | $182,587 | — | $182,587 |
| ASHER KELLEY | Other Service Provider | $84,635 | — | $84,635 |
| MORGAN STANLEY | Other Service Provider | $79,666 | — | $79,666 |
| AMERICAN HEALTH HOLDING | Other Service Provider | $79,211 | — | $79,211 |
| MILLMAN MONITOR | Other Service Provider | $30,000 | — | $30,000 |
| WRUBEL WESLEY AND COMPANY C.P.A.'S | Other Service Provider | $28,235 | — | $28,235 |
| IRON MOUNTAIN | Other Service Provider | $24,592 | — | $24,592 |
| VSP VISION CARE | Other Service Provider | $16,164 | — | $16,164 |
| DENTE MAX LLC | Other Service Provider | $13,899 | — | $13,899 |
| WEDGE CAPITAL | Other Service Provider | $13,113 | — | $13,113 |
| ENCOMPASS | Other Service Provider | $10,822 | — | $10,822 |
| AMERICAN GRAPHICS PRINTING | Other Service Provider | $7,583 | — | $7,583 |
| O'SULLIVAN ACCOCIATES | Other Service Provider | $6,050 | — | $6,050 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,281,243
- Estimated Expense Ratio: 6.525% 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 | $1,072,245 | $67,274 | $239,519 | $21,600 | — |
| 2023 | $1,340,009 | $99,980 | $236,659 | $24,681 | — |
| 2022 | $1,261,749 | $92,170 | $241,104 | — | $170,269 |