Plan Snapshot
- Plan Sponsor: Trustees Of Plumbers Local Union No. 519 Health & Welfare Fund
- Sponsor EIN: 596134291
- Sponsor Address: 2010 NW 150TH AVENUE, SUITE 200, PEMBROKE PINES, FL, 33028
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 253
- Total Assets: $2.7M
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 | 253 | $2.7M | $3.7M | $33,123 |
| 2023 | 296 | $2.5M | $3.7M | $24,746 |
| 2022 | 275 | $2.5M | $3.4M | $2,670 |
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 |
|---|---|---|---|---|
| NATIONAL EMPLOYEE BENEFITS ADMIN IN | Other Service Provider | $58,266 | — | $58,266 |
| SUGARMAN & SUSSKIND | ERISA Attorney | $51,222 | — | $51,222 |
| LAPADULA CARLSON & CO. | Auditor | $47,798 | — | $47,798 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SUGARMAN & SUSSKIND — ERISA Attorney
- LAPADULA CARLSON & CO. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $157,286
- Estimated Expense Ratio: 5.831% 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 | $184,824 | $6,924 | — | $47,798 | — |
| 2023 | $200,336 | $7,097 | — | $50,847 | — |
| 2022 | $190,762 | $6,856 | $55,825 | — | $99,981 |