# Trustees Of Minnesota Cement Masons Health And Welfare Fund Health & Welfare Plan
Source: https://planprovider.pro/companies/trustees-of-minnesota-cement-masons-health-and-welfare-fund-416187748-501

> Trustees Of Minnesota Cement Masons Health And Welfare Fund's Health & Welfare plan: 820 participants, plan year 2024 financials, providers, and benchmarks f…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Trustees Of Minnesota Cement Masons Health And Welfare Fund

- **Sponsor EIN:** 416187748

- **Sponsor Address:** 2520 PILOT KNOB ROAD, SUITE 325, MENDOTA HEIGHTS, MN, 55120

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 820

- **Total Assets:** $23.7M

## 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|820|$23.7M|$13.4M|$287,973|

| 2023|854|$23.4M|$13.1M|$226,772|

| 2022|846|$22.8M|$12.3M|$259,200|

## 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|

| HEALTHPARTNERS|Other Service Provider|$599,109|—|$599,109|

| ZENITH AMERICAN SOLUTIONS|Other Service Provider|$463,975|—|$463,975|

| REINHART BOERNER VAN DEUREN|Other Service Provider|$128,278|—|$128,278|

| CEMENT MASONS SERVICE CORPORATION|Other Service Provider|$91,647|—|$91,647|

| THE SEGAL COMPANY|Other Service Provider|$62,657|—|$62,657|

| TEAM|Other Service Provider|$27,063|—|$27,063|

| LEGACY PROFESSIONALS LLP|Auditor|$20,000|—|$20,000|

| KOVITZ INVESTMENT GROUP PARTNERS|Other Service Provider|$13,023|—|$13,023|

| MAIRS & POWER, INC.|Other Service Provider|$12,571|—|$12,571|

| PILOT CAPITAL|Other Service Provider|$10,285|—|$10,285|

| STANDARD VALUATIONS|Other Service Provider|$8,000|—|$8,000|

| UNION BANK & TRUST|ERISA Attorney|$7,660|—|$7,660|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

- [UNION BANK & TRUST](https://planprovider.pro/provider/the-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:** $1,444,268

- **Estimated Expense Ratio:** 6.093% 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|$725,565|$43,879|$389,773|$20,000|—|

| 2023|$652,527|$43,850|$394,120|$19,200|—|

| 2022|$577,965|$56,434|$292,169|—|$175,575|

## Similar Plans

- [Trustees Of National Roofing Industry Supplemental Pension Plan](https://planprovider.pro/companies/trustees-of-national-roofing-industry-supplemental-pension-plan-plan) — 9,884 participants

- [Board Of Trustees Of The Twin City Ironworkers Dc Pension Fund](https://planprovider.pro/companies/board-of-trustees-of-the-twin-city-ironworkers-dc-pension-fund-plan) — 2,696 participants

- [Trustees Of Minnesota & North Dakota Bricklayers & Allied Craftworkers](https://planprovider.pro/companies/trustees-of-minnesota-north-dakota-bricklayers-allied-craftworkers-237068471-501) — 1,478 participants

- [Board Of Trustees Of The Twin City Ironworkers Pension Fund](https://planprovider.pro/companies/board-of-trustees-of-the-twin-city-ironworkers-pension-fund-plan) — 1,404 participants

- [Board Of Trustees Of Twin City Ironworkers Health & Welfare Plan](https://planprovider.pro/companies/board-of-trustees-of-twin-city-ironworkers-health-welfare-plan-416023463-501) — 1,397 participants

- [Flynn America LP](https://planprovider.pro/companies/flynn-america-lp-401k-plan) — 1,332 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/trustees-of-minnesota-cement-masons-health-and-welfare-fund-416187748-501)

© 2026 PlanProvider.Pro