# Teamsters Union Local 653 Welfare Fund Health & Welfare Plan
Source: https://planprovider.pro/companies/teamsters-union-local-653-welfare-fund-042149479-501

> Teamsters Union Local 653 Welfare Fund's Health & Welfare plan: 1,145 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Teamsters Union Local 653 Welfare Fund

- **Sponsor EIN:** 042149479

- **Sponsor Address:** 4-B HAMPDEN DRIVE, SOUTH EASTON, MA, 023751158

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 1,145

- **Total Assets:** $66.4M

## 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|1,145|$66.4M|$30.3M|$764,270|

| 2023|1,136|$65.3M|$29.6M|$787,471|

| 2022|1,160|$64.2M|$30.7M|$811,552|

## 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|$820,786|—|$820,786|

| REGAN ASSOCIATES|Other Service Provider|$414,822|—|$414,822|

| MORGAN STANLEY|Recordkeeper|$412,116|—|$412,116|

| D. REYES|Other Service Provider|$105,631|—|$105,631|

| DELTA DENTAL|Other Service Provider|$88,968|—|$88,968|

| FEINBERG, DUMONT & BRENNAN|Other Service Provider|$88,404|—|$88,404|

| 4A HAMPDEN TRUST|Other Service Provider|$71,440|—|$71,440|

| CAROLINE MAILLOUX|Other Service Provider|$62,643|—|$62,643|

| MARCIE LEE|Other Service Provider|$62,576|—|$62,576|

| MANZI & ASSOCIATES LLC|Other Service Provider|$60,571|—|$60,571|

| OPTUM RX|Other Service Provider|$52,157|—|$52,157|

| WILLIS OF MASSACHUSETTS INC|Other Service Provider|$47,831|—|$47,831|

| K. ARAUJO|Other Service Provider|$42,146|—|$42,146|

| T. BAILOW|Other Service Provider|$40,835|—|$40,835|

| BRIDGEWAY BENEFIT TECHNOLOGIES, LLC|Other Service Provider|$28,704|—|$28,704|

| COLEMAN STAFFING SOLUTIONS, INC.|Other Service Provider|$22,000|—|$22,000|

| BLUE HARBOR TECHNOLOGY|Other Service Provider|$21,989|—|$21,989|

| POLSINELLI PC|Other Service Provider|$11,471|—|$11,471|

| DAVIS VISION|Other Service Provider|$5,178|—|$5,178|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MORGAN STANLEY](https://planprovider.pro/provider/jp-morgan-asset-management) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $2,460,268

- **Estimated Expense Ratio:** 3.703% 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|$3,050,914|$412,116|—|$37,050|—|

| 2023|$2,823,574|$377,761|—|$37,050|—|

| 2022|$2,344,129|$383,485|—|—|$323,713|

## Similar Plans

- [Teamsters Local 170 Group Life Insurance Plan](https://planprovider.pro/companies/teamsters-local-170-group-life-insurance-plan-041914280-502) — 4,400 participants

- [Lily Transportation Corp.](https://planprovider.pro/companies/lily-transportation-corp-401k-plan) — 1,337 participants

- [Teamsters Local 170 Health And Welfare Fund](https://planprovider.pro/companies/teamsters-local-170-health-and-welfare-fund-042219623-501) — 1,229 participants

- [Rts Holdings, LLC](https://planprovider.pro/companies/rts-holdings-llc-401k-plan) — 980 participants

- [Rts Holdings, LLC.](https://planprovider.pro/companies/rts-holdings-llc-461578437-503) — 972 participants

- [Rts Holdings, LLC.](https://planprovider.pro/companies/rts-holdings-llc-461578437-504) — 502 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/teamsters-union-local-653-welfare-fund-042149479-501)

© 2026 PlanProvider.Pro