Plan Snapshot
- Plan Sponsor: Roofers Union Local No. 12 Health And Welfare Fund
- Sponsor EIN: 060878220
- Sponsor Address: 10 TECHNOLOGY DRIVE, P.O. BOX 5817, WALLINGFORD, CT, 06492
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 255
- Total Assets: $4.6M
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 | 255 | $4.6M | $4.8M | $11,215 |
| 2023 | 333 | $3.8M | $4.1M | $36,006 |
| 2022 | 330 | $3.1M | $3.3M | $52,482 |
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 |
|---|---|---|---|---|
| SAV-RX | Other Service Provider | $501,783 | — | $501,783 |
| ZENITH AMERICAN SOLUTIONS INC | Other Service Provider | $79,256 | — | $79,256 |
| THE SEGAL COMPANY | Other Service Provider | $20,679 | — | $20,679 |
| BEERS, HAMERMAN, COHEN & BURGER PC | Other Service Provider | $18,750 | — | $18,750 |
| DAVIS VISION | Other Service Provider | $14,144 | — | $14,144 |
| SEGAL SELECT INVESTMENTS | Other Service Provider | $13,346 | — | $13,346 |
| HOLM OHARA | Other Service Provider | $13,321 | — | $13,321 |
| BRADLEY, FOSTER & SARGENT | Other Service Provider | $9,404 | — | $9,404 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $670,683
- Estimated Expense Ratio: 14.507% 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 | $300,413 | $9,632 | $65,888 | $18,750 | — |
| 2023 | $306,534 | $8,574 | $63,848 | $35,452 | — |
| 2022 | $281,829 | $5,059 | $61,800 | — | $58,349 |