# Trustees Cement Masons Union Local No. 592 Welfare Plan 401(k) Plan
Source: https://planprovider.pro/companies/trustees-cement-masons-union-local-no-592-welfare-plan-231578380-501

> Trustees Cement Masons Union Local No. 592 Welfare Plan's 401(k) plan: 416 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/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|

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