Plan Snapshot
- Plan Sponsor: Teamsters Local 170 Health And Welfare Fund
- Sponsor EIN: 042219623
- Sponsor Address: 330 SOUTHWEST CUTOFF, WORCESTER, MA, 01604
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,229
- Total Assets: $99.3M
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 | 1,229 | $99.3M | $35.5M | $1.0M |
| 2023 | 1,222 | $90.6M | $35.7M | $929,161 |
| 2022 | 1,301 | $82.3M | $37.9M | $900,204 |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD | Other Service Provider | $1,361,159 | — | $1,361,159 |
| EMPLOYEE C | Recordkeeper | $186,377 | — | $186,377 |
| UNION BANK & TRUST | ERISA Attorney | $106,512 | — | $106,512 |
| EMPLOYEE D | Recordkeeper | $105,181 | — | $105,181 |
| MANZI & ASSOCIATES LLC | Other Service Provider | $99,823 | — | $99,823 |
| EMPLOYEE B | Recordkeeper | $94,978 | — | $94,978 |
| EMPLOYEE E | Recordkeeper | $80,659 | — | $80,659 |
| BRIDGEWAY | Other Service Provider | $80,313 | — | $80,313 |
| EMPLOYEE A | Recordkeeper | $68,301 | — | $68,301 |
| MEKETA INVESTMENT GROUP | Other Service Provider | $47,000 | — | $47,000 |
| SUNSET LANDSCAPING | Other Service Provider | $28,700 | — | $28,700 |
| EMPLOYEE F | Recordkeeper | $24,121 | — | $24,121 |
| AQUARIUS CAPITAL SOLUTIONS GROUP | Other Service Provider | $23,988 | — | $23,988 |
| TPG HEALTHCARE CONSULTING | Other Service Provider | $23,200 | — | $23,200 |
| CONGRESS WEALTH MANAGEMENT | Other Service Provider | $20,583 | — | $20,583 |
| CXC SOLUTIONS | Other Service Provider | $19,025 | — | $19,025 |
| ENCOMPASS | Other Service Provider | $18,789 | — | $18,789 |
| BOSTON BENEFIT PARTNERS | Other Service Provider | $11,700 | — | $11,700 |
| INTERCONTINENTAL REAL ESTATE | Other Service Provider | $7,472 | — | $7,472 |
| DAVIS VISION | Other Service Provider | $6,296 | — | $6,296 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EMPLOYEE C — Recordkeeper
- UNION BANK & TRUST — ERISA Attorney
- EMPLOYEE D — Recordkeeper
- EMPLOYEE B — Recordkeeper
- EMPLOYEE E — Recordkeeper
- EMPLOYEE A — Recordkeeper
- EMPLOYEE F — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,414,177
- Estimated Expense Ratio: 2.432% 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 | $2,540,302 | $75,326 | — | $37,500 | — |
| 2023 | $2,441,298 | $167,479 | — | $62,572 | — |
| 2022 | $2,453,503 | $123,001 | — | — | $203,574 |