Plan Snapshot
- Plan Sponsor: Trustees Of Central Midwest Regional Council Of Carpenters Welfare Fun
- Sponsor EIN: 450593187
- Sponsor Address: 700 TOWER DRIVE, SUITE 300, TROY, MI, 48098
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 20,998
- Total Assets: $596.2M
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 | 20,998 | $596.2M | $218.1M | $26.4M |
| 2023 | 8,878 | $171.4M | $135.7M | $18.8M |
| 2022 | 8,598 | $162.4M | $128.0M | $19.5M |
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 |
|---|---|---|---|---|
| INDEPENDENCE ADMINISTRATORS | Other Service Provider | $4,999,768 | — | $4,999,768 |
| BENESYS, INC. | Other Service Provider | $3,698,049 | — | $3,698,049 |
| EXPRESS SCRIPTS | Other Service Provider | $3,554,868 | — | $3,554,868 |
| CCAW JV, LLC | Other Service Provider | $341,900 | — | $341,900 |
| DELTA DENTAL OF OHIO | Other Service Provider | $301,410 | $25,667 | $327,077 |
| CMRCC FRINGE BENEFIT FUND, INC. | Other Service Provider | $274,988 | — | $274,988 |
| LEVEL CARE HEALTH CONSORTIUM | Other Service Provider | $249,383 | — | $249,383 |
| DELTA DENTAL OF INDIANA | Other Service Provider | $202,831 | $38,143 | $240,974 |
| ASHERKELLY | Other Service Provider | $216,270 | — | $216,270 |
| AMERICAN GRAPHICS PRINTING CO. | Other Service Provider | $175,987 | — | $175,987 |
| UNITED ACTUARIAL SERVICES | Other Service Provider | $148,417 | — | $148,417 |
| THE SEGAL COMPANY | Other Service Provider | $128,365 | — | $128,365 |
| SAGE ADVISORY SERVICES | Other Service Provider | $93,203 | — | $93,203 |
| MORGAN STANLEY SMITH BARNEY | Other Service Provider | $82,500 | — | $82,500 |
| JOHNSON & KROL | Other Service Provider | $76,709 | — | $76,709 |
| KEY BANK | Other Service Provider | $62,228 | $14,478 | $76,706 |
| VISION SERVICE PLAN | Other Service Provider | $75,862 | — | $75,862 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $69,246 | — | $69,246 |
| CIUNI & PANICHI, INC. | Other Service Provider | $66,408 | — | $66,408 |
| L.M. HENDERSON & CO, LLP | Other Service Provider | $59,785 | — | $59,785 |
| PNC BANK, NATIONAL ASSOCIATION | Other Service Provider | $56,584 | — | $56,584 |
| ACCESS | Other Service Provider | $36,696 | — | $36,696 |
| SEGAL SELECT INSURANCE SERVICE | Other Service Provider | — | $21,723 | $21,723 |
| MARQUETTE ASSOCIATES | Other Service Provider | $17,500 | — | $17,500 |
| WAGNER LAW GROUP | ERISA Attorney | $15,138 | — | $15,138 |
| GRM INFORMATION MANAGEMENT | Other Service Provider | $7,488 | — | $7,488 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WAGNER LAW GROUP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,111,594
- Estimated Expense Ratio: 2.535% 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 | $4,678,047 | $288,408 | $1,821,638 | $74,408 | — |
| 2023 | $2,485,422 | $208,641 | $892,830 | $42,375 | — |
| 2022 | $12,015,405 | $224,220 | $767,726 | — | $421,740 |