Plan Snapshot
- Plan Sponsor: Tri-State Labor Education And Development Fund
- Sponsor EIN: 616204343
- Sponsor Address: P. O. BOX 1027, ASHLAND, KY, 41105
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,760
- Total Assets: $1.6M
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 | 1,760 | $1.6M | $467,279 | $0 |
| 2023 | 2,001 | $1.7M | $511,796 | $0 |
| 2022 | 3,240 | $1.7M | $562,986 | $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 |
|---|---|---|---|---|
| NURSING CORPS | Other Service Provider | $97,756 | — | $97,756 |
| HARRIS, HARDIN & COMPANY, A.C. | Auditor | $9,710 | — | $9,710 |
| FRANKLIN COLLINS | Other Service Provider | $6,680 | — | $6,680 |
| CODY NICKELL | Other Service Provider | $6,630 | — | $6,630 |
| SEGAL SELECT INSURANCE | Other Service Provider | $6,241 | — | $6,241 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HARRIS, HARDIN & COMPANY, A.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $127,017
- Estimated Expense Ratio: 8.050% 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 | $374,156 | $804 | — | $9,710 | — |
| 2023 | $373,468 | $2,296 | — | $9,420 | — |
| 2022 | $350,190 | $2,346 | — | — | $11,927 |