Plan Snapshot
- Plan Sponsor: Trustees Of Pipe Fitters Welfare Fund
- Sponsor EIN: 362141703
- Sponsor Address: 45 NORTH OGDEN AVENUE, CHICAGO, IL, 60607
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 6,745
- Total Assets: $342.1M
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 | 6,745 | $342.1M | $158.5M | $11.9M |
| 2023 | 6,565 | $320.5M | $139.9M | $11.8M |
| 2022 | 6,307 | $293.6M | $133.0M | $14.2M |
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 |
|---|---|---|---|---|
| MARATHON HEALTH LLC | Other Service Provider | $4,085,323 | — | $4,085,323 |
| BLUE CROSS BLUE SHIELD OF ILLINOIS | Other Service Provider | $2,922,869 | — | $2,922,869 |
| EXPRESS SCRIPTS, INC. | Other Service Provider | $2,711,393 | — | $2,711,393 |
| THE SEGAL COMPANY | Other Service Provider | — | $411,404 | $411,404 |
| JOHNSON & KROL, LLC | Other Service Provider | $333,504 | — | $333,504 |
| NATIONAL INVESTMENT SERVICES, INC. | Other Service Provider | $331,659 | — | $331,659 |
| BRIDGEWAY BENEFIT TECHNOLOGIES LLC | Other Service Provider | $293,032 | — | $293,032 |
| RX SAVINGS SOLUTIONS | Other Service Provider | $246,040 | — | $246,040 |
| DELTA DENTAL OF IL | Other Service Provider | $224,414 | — | $224,414 |
| LEGACY PROFESSIONALS LLP | Auditor | $167,393 | — | $167,393 |
| KEPRO | Other Service Provider | $159,722 | — | $159,722 |
| KATIE COLBERT | Other Service Provider | $158,473 | — | $158,473 |
| ZELIS PAYMENTS HOLDING, LLC | Other Service Provider | $146,012 | $1,706 | $147,718 |
| NICHOLE LINHARDT | Other Service Provider | $146,517 | — | $146,517 |
| CATHERINE TYREE | Other Service Provider | $129,892 | — | $129,892 |
| COLLEEN MORIARTY | Other Service Provider | $122,804 | — | $122,804 |
| SILVIA MORENO | Other Service Provider | $97,860 | — | $97,860 |
| SHEILA JACKSON | Other Service Provider | $93,673 | — | $93,673 |
| COLETTE AZZARO | Other Service Provider | $86,972 | — | $86,972 |
| CASSANDRA TYREE | Other Service Provider | $86,928 | — | $86,928 |
| CARLY FLAHERTY | Other Service Provider | $86,121 | — | $86,121 |
| JUAN GARCIA-PEREZ | Other Service Provider | $81,620 | — | $81,620 |
| MARY BETH TYTUS | Other Service Provider | $78,188 | — | $78,188 |
| BOND BROTHERS | Other Service Provider | $70,222 | — | $70,222 |
| PHILLIP HAYES | Other Service Provider | $59,825 | — | $59,825 |
| WEX HEALTH INC. | ERISA Attorney | $58,040 | — | $58,040 |
| GREEN LIGHT | Other Service Provider | $47,502 | — | $47,502 |
| EYEMED VISION CARE | Other Service Provider | $47,450 | — | $47,450 |
| DANA GARRETT | Other Service Provider | $43,778 | — | $43,778 |
| MICHELLE STRIMAITIS | Other Service Provider | $41,996 | — | $41,996 |
| STRATEGIC CAPITAL INVESTMENT ADV. | Other Service Provider | $35,751 | — | $35,751 |
| PITNEY BOWES INC. | Other Service Provider | $32,611 | — | $32,611 |
| BRIANNE MURRAY | Other Service Provider | $27,585 | — | $27,585 |
| SINGLE CLICK IT | Other Service Provider | $24,540 | — | $24,540 |
| MORGAN, LEWIS & BOCKIUS LP | ERISA Attorney | $11,835 | — | $11,835 |
| NORTHERN TRUST CORPORATION | Other Service Provider | $11,481 | — | $11,481 |
| MIDWEST EMPLOYEE BENEFIT FUNDS | Other Service Provider | $10,208 | — | $10,208 |
| SEGAL SELECT INSURANCE | Other Service Provider | — | $9,050 | $9,050 |
| COMERICA BANK | Other Service Provider | $8,692 | — | $8,692 |
| DATAMATION IMAGING SERVICES | Other Service Provider | $7,263 | — | $7,263 |
| ISLER DARE | Other Service Provider | $6,641 | — | $6,641 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
- WEX HEALTH INC. — ERISA Attorney
- MORGAN, LEWIS & BOCKIUS LP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,757,989
- Estimated Expense Ratio: 4.022% 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 | $3,994,537 | $378,891 | — | $41,700 | — |
| 2023 | $3,698,567 | $352,719 | — | $40,500 | — |
| 2022 | $3,869,680 | $385,677 | — | — | $713,463 |