Plan Snapshot
- Plan Sponsor: Trustees Plumbers & Fitters Local Union 295 Welfare Plan
- Sponsor EIN: 596134281
- Sponsor Address: 8657 BAYPINE ROAD BLDG. 5 STE 200, JACKSONVILLE, FL, 32256
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 282
- Total Assets: $7.3M
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 | 282 | $7.3M | $4.8M | $269,590 |
| 2023 | 252 | $6.5M | $3.9M | $243,735 |
| 2022 | 257 | $6.2M | $3.8M | $225,195 |
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 |
|---|---|---|---|---|
| UNITED HEATHCARE SHARED SERVICES | Other Service Provider | $112,879 | — | $112,879 |
| NATIONAL EMPLOYEE BENEFITS ADMIN. | Other Service Provider | $70,239 | — | $70,239 |
| KARPUS INVESTMENT MANAGEMENT | Other Service Provider | $51,614 | — | $51,614 |
| GRAIL, LLC | Other Service Provider | $47,464 | — | $47,464 |
| LABOR FIRST, LLC | Other Service Provider | $39,150 | — | $39,150 |
| LASSITER-WARE INC. | Other Service Provider | $33,007 | — | $33,007 |
| U.A. OF JOURNEYMEN & 295 PPF | Other Service Provider | $32,283 | — | $32,283 |
| NOVAK FRANCELLA, LLC | Auditor | $28,070 | — | $28,070 |
| SUGARMAN, SUSSKIND, BRASWELL & HERR | Other Service Provider | $27,500 | — | $27,500 |
| ACRISURE | Other Service Provider | $24,915 | — | $24,915 |
| MEDEXPERT INTERNATIONAL, INC. | Other Service Provider | $20,331 | — | $20,331 |
| UNITED ACTUARIAL SERVICES | Other Service Provider | $12,000 | — | $12,000 |
| TELADOC HEALTH, INC. | Other Service Provider | $10,910 | — | $10,910 |
| PENSION FUND EVALUATIONS INC. | Other Service Provider | $7,500 | — | $7,500 |
| PART D ADVISORS, INC. | Other Service Provider | $5,500 | — | $5,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $523,362
- Estimated Expense Ratio: 7.144% 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 | $358,904 | $59,114 | $70,239 | $23,300 | — |
| 2023 | $310,534 | $55,627 | $65,349 | $21,744 | — |
| 2022 | $314,704 | $60,177 | $68,441 | — | $82,704 |