Plan Snapshot
- Plan Sponsor: Trustees Of National Roofers Union & Employers Joint Health & Welfar F
- Sponsor EIN: 510210922
- Sponsor Address: 3001 METRO DRIVE, BLOOMINGTON, MN, 55425
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,112
- Total Assets: $35.5M
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 | 1,112 | $35.5M | $12.4M | $56,772 |
| 2023 | 1,000 | $32.9M | $11.3M | $40,359 |
| 2022 | 981 | $29.4M | $11.1M | $50,669 |
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 |
|---|---|---|---|---|
| WILSON MCSHANE | Other Service Provider | $320,606 | — | $320,606 |
| CIGNA | Other Service Provider | $237,256 | — | $237,256 |
| SEGAL | Recordkeeper | $89,504 | — | $89,504 |
| KELLEY LAW GROUP | Other Service Provider | $56,214 | — | $56,214 |
| LEGACY PROFESSIONALS LLP | Auditor | $47,638 | — | $47,638 |
| ULRICH CONSULTING GROUP, LLC | Other Service Provider | $17,966 | — | $17,966 |
| M&T BANK | Recordkeeper | $10,085 | — | $10,085 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SEGAL — Recordkeeper
- LEGACY PROFESSIONALS LLP — Auditor
- M&T BANK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $779,269
- Estimated Expense Ratio: 2.195% 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 | $604,772 | $22,843 | $319,500 | $35,727 | — |
| 2023 | $539,933 | $21,492 | $301,500 | $35,500 | — |
| 2022 | $557,016 | $28,894 | $280,000 | — | $201,579 |