Plan Snapshot
- Plan Sponsor: Teamsters Union Health And Welfare Fund Trust
- Sponsor EIN: 660254909
- Sponsor Address: 352 CALLE DEL PARQUE STE 202, SAN JUAN, PR, 009123744
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 710
- Total Assets: $2.6M
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 | 710 | $2.6M | $1.8M | $0 |
| 2023 | 713 | $2.6M | $1.7M | $0 |
| 2022 | 714 | $2.5M | $1.5M | $0 |
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 |
|---|---|---|---|---|
| AIDA L. ORTIZ RODRIGUEZ | Other Service Provider | $45,848 | — | $45,848 |
| YOLANDA LANDRAU RAMOS | Other Service Provider | $37,312 | — | $37,312 |
| VICTOR M. ORTEGA RAMON | Other Service Provider | $15,436 | — | $15,436 |
| OVIDIO RUIZ HERNANDEZ | Other Service Provider | $11,500 | — | $11,500 |
| DENISSE MARTINEZ MENDEZ | Other Service Provider | $5,740 | — | $5,740 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,836
- Estimated Expense Ratio: 4.465% 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 | $245,328 | $10,079 | — | $11,500 | — |
| 2023 | $231,212 | $9,148 | — | $11,500 | — |
| 2022 | $330,741 | $9,419 | — | — | $12,500 |