Plan Snapshot
- Plan Sponsor: Southern Ohio Painters Health & Welfare Fund
- Sponsor EIN: 311063422
- Sponsor Address: 625 ENTERPRISE DRIVE, OAK BROOK, IL, 60523
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 693
- Total Assets: $9.0M
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 | 693 | $9.0M | $8.4M | $578,508 |
| 2023 | 912 | $10.4M | $8.0M | $620,868 |
| 2022 | 864 | $11.8M | $7.7M | $615,509 |
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 |
|---|---|---|---|---|
| AETNA | Other Service Provider | $262,951 | — | $262,951 |
| POTTS-DUPRE, HAWKINS, AND KRAMER | Other Service Provider | $111,234 | — | $111,234 |
| BENESYS, INC. | Other Service Provider | $78,952 | — | $78,952 |
| DGPERRY | Auditor | $26,200 | — | $26,200 |
| WARREN T. SMITH | Recordkeeper | $21,846 | — | $21,846 |
| FIFTH THIRD BANK RETIREMENT SERVICE | Other Service Provider | $15,390 | — | $15,390 |
| THE UNION LABOR LIFE INSURANCE | Recordkeeper | $14,775 | — | $14,775 |
| PART D ADVISORS | Other Service Provider | $14,678 | — | $14,678 |
| UNITED ACTUARIAL SERVICES INC | Other Service Provider | $12,200 | — | $12,200 |
| CITY PRINTING CO | Other Service Provider | $8,163 | — | $8,163 |
| BENEFITS MANAGEMENT GROUP, INC. | Other Service Provider | $6,578 | — | $6,578 |
| AT&T | Other Service Provider | $5,541 | — | $5,541 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DGPERRY — Auditor
- THE UNION LABOR LIFE INSURANCE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $578,508
- Estimated Expense Ratio: 6.451% 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 | $605,240 | $15,390 | $339,284 | $26,200 | — |
| 2023 | $632,275 | $21,409 | $342,069 | $28,754 | — |
| 2022 | $717,907 | $28,846 | $89,722 | — | $104,308 |