Plan Snapshot
- Plan Sponsor: Trustees Of Plumbers/Steamfitters Local 440 Health & Welfare Plan
- Sponsor EIN: 351899607
- Sponsor Address: 3440 KOSSUTH STREET, LAFAYETTE, IN, 479035769
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 2,383
- Total Assets: $61.6M
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 | 2,383 | $61.6M | $46.0M | $2.5M |
| 2023 | 1,993 | $53.9M | $41.5M | $2.5M |
| 2022 | 1,647 | $38.5M | $32.7M | $2.4M |
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 | $1,697,049 | — | $1,697,049 |
| ANTHEM INSURANCE COMPANIES | Other Service Provider | $1,229,117 | — | $1,229,117 |
| S.C. MILLER & COMPANY | Other Service Provider | $712,230 | — | $712,230 |
| LABOR FIRST | Other Service Provider | $333,202 | — | $333,202 |
| HINES & ASSOCIATES | Other Service Provider | $181,106 | — | $181,106 |
| SWORD HEALTH, INC | Other Service Provider | $82,810 | — | $82,810 |
| RED-CARD SYSTEMS, LLC | Other Service Provider | $68,272 | — | $68,272 |
| UNITED ACTUARIAL SERVICES, INC. | Other Service Provider | $64,492 | — | $64,492 |
| JOHNSON & KROL, LLC | Other Service Provider | $52,118 | — | $52,118 |
| PNC BANK | Other Service Provider | $41,253 | — | $41,253 |
| BLACKHORSE | Other Service Provider | $39,983 | — | $39,983 |
| REGIONS BANK | Other Service Provider | $37,810 | — | $37,810 |
| THE MAIL GROUP | Other Service Provider | $31,663 | — | $31,663 |
| SAVE-RX | Other Service Provider | $30,926 | — | $30,926 |
| MARINER INSTITUTIONAL, FKA ANDCO | Other Service Provider | $20,000 | — | $20,000 |
| FORMS TECH | Other Service Provider | $16,511 | — | $16,511 |
| L.M. HENDERSON & COMPANY, LLP | Other Service Provider | $15,955 | — | $15,955 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,654,497
- Estimated Expense Ratio: 7.562% 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 | $2,599,541 | $61,253 | $712,230 | $15,955 | — |
| 2023 | $2,161,634 | $58,439 | $659,692 | $15,802 | — |
| 2022 | $1,840,942 | $54,624 | $595,505 | — | $145,719 |