Plan Snapshot
- Plan Sponsor: Trustees Of Middletown Works Hourly & Salaried Union Retirees Health C
- Sponsor EIN: 367485085
- Sponsor Address: 1201 CRAWFORD ST, MIDDLETOWN, OH, 450444575
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,614
- Total Assets: $671.3M
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. |
|---|---|---|---|---|
| 2025 | 2,614 | $671.3M | $0 | $0 |
| 2024 | 2,747 | $680.8M | $0 | $1.5M |
| 2023 | 2,872 | $645.7M | $0 | $2.4M |
| 2022 | 2,973 | $597.4M | $0 | $2.8M |
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 |
|---|---|---|---|---|
| WELFARE & PENSION ADMIN SERVICE | Other Service Provider | $577,478 | — | $577,478 |
| CVS PHARMACY, INC. | Other Service Provider | $507,507 | — | $507,507 |
| SEGALL BRYANT & HAMILL | Other Service Provider | $218,322 | — | $218,322 |
| BOLTON PARTNERS, INC. | Other Service Provider | $132,113 | — | $132,113 |
| AMALGAMATED BANK | Other Service Provider | $116,883 | — | $116,883 |
| UMR INC | Other Service Provider | $84,106 | $13,445 | $97,551 |
| DELTA DENTAL | Other Service Provider | $92,801 | — | $92,801 |
| WEX | Other Service Provider | $75,106 | — | $75,106 |
| RHUMBLINE | Other Service Provider | $64,900 | — | $64,900 |
| BOLTON PARTNERS INVESTMENT CONSULT | Other Service Provider | $56,871 | — | $56,871 |
| PRINCIPAL BANK | Other Service Provider | $53,908 | — | $53,908 |
| CANCER NAVIGATOR | Other Service Provider | $43,500 | — | $43,500 |
| FRANCIS MARTORANA | Custodian / Trustee | $42,883 | — | $42,883 |
| O'DONOGHUE & O'DONOGHUE | Other Service Provider | $42,789 | — | $42,789 |
| ROGER MCCLOW | Custodian / Trustee | $40,764 | — | $40,764 |
| MICHAEL BAILEY | Custodian / Trustee | $32,913 | — | $32,913 |
| CALIBRE CPA GROUP, PLLC | Other Service Provider | $29,105 | — | $29,105 |
| BOND BROTHERS | Other Service Provider | $28,540 | — | $28,540 |
| BRIAN DALEY | Custodian / Trustee | $27,794 | — | $27,794 |
| MICHAEL STEPHENSON | Custodian / Trustee | $26,842 | — | $26,842 |
| EYEMED | Other Service Provider | $12,764 | — | $12,764 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,321,334
- Estimated Expense Ratio: 0.346% 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 |
|---|---|---|---|---|---|
| 2025 | $97,715,528 | $340,093 | $1,333,613 | $29,105 | — |
| 2024 | $2,312,951 | $291,400 | $1,300,835 | $26,939 | — |
| 2023 | $2,002,505 | $397,770 | $1,022,080 | $24,950 | — |
| 2022 | $1,744,658 | $288,613 | $545,803 | — | $247,242 |