Plan Snapshot
- Plan Sponsor: Trustees Cement Masons Union Local No. 592 Welfare Plan
- Sponsor EIN: 231578380
- Sponsor Address: 7821 BARTRAM AVENUE SUITE 102, PHILADELPHIA, PA, 19153
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 416
- Total Assets: $35.3M
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 | 416 | $35.3M | $8.9M | $2.3M |
| 2023 | 411 | $33.7M | $9.6M | $2.0M |
| 2022 | 417 | $31.0M | $9.7M | $1.8M |
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 LIFE INSURANCE COMPANY | Other Service Provider | $344,427 | — | $344,427 |
| MARY ZAPPOLO | Other Service Provider | $114,942 | — | $114,942 |
| NOVAK FRANCELLA, LLC | Auditor | $98,594 | — | $98,594 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $85,283 | — | $85,283 |
| JOE MOSKAUSKI | Other Service Provider | $61,231 | — | $61,231 |
| GUARDIAN NURSES HEALTHCARE ADVOCATE | Other Service Provider | $56,921 | — | $56,921 |
| BOYD WATTERSON ASSET MANAGEMENT LLC | Other Service Provider | $55,300 | — | $55,300 |
| BENECARD SERVICES, INC. | Other Service Provider | $49,940 | — | $49,940 |
| RAE GROUP LLC | Other Service Provider | $46,225 | — | $46,225 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $42,579 | — | $42,579 |
| CLARE CREIGHTON | Other Service Provider | $38,080 | — | $38,080 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $33,667 | — | $33,667 |
| JOANN PROCOPIO | Other Service Provider | $26,262 | — | $26,262 |
| ALLIED TRADES ASSISTANCE PROGRAM | Other Service Provider | $24,347 | — | $24,347 |
| LABOR FIRST LLC | Other Service Provider | $22,961 | — | $22,961 |
| SUSANIN,WIDMAN & BRENNAN, P.C. | Other Service Provider | $22,556 | — | $22,556 |
| MWM LAW LLC | Other Service Provider | $21,551 | — | $21,551 |
| NATIONAL VISION ADMINISTRATORS LLC | Other Service Provider | $16,085 | — | $16,085 |
| DELTA DENTAL OF PENNSYLVANIA | Other Service Provider | $15,472 | — | $15,472 |
| PRINCIPAL FINANCIAL GROUP, INC. | Other Service Provider | $13,159 | — | $13,159 |
| XPAN LAW GROUP LLC | Other Service Provider | $7,782 | — | $7,782 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,197,364
- Estimated Expense Ratio: 3.396% 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 | $773,135 | $174,251 | — | $45,900 | — |
| 2023 | $662,671 | $105,345 | — | $45,900 | — |
| 2022 | $690,343 | $106,030 | — | — | $232,713 |