Plan Snapshot
- Plan Sponsor: Trustees - Utility Workers Union Of America National Health And Welfar
- Sponsor EIN: 200027580
- Sponsor Address: 3001 METRO DRIVE, SUITE 500, BLOOMINGTON, MN, 55425
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 7,801
- Total Assets: $188.2M
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 | 7,801 | $188.2M | $29.0M | $81,499 |
| 2023 | 7,527 | $171.3M | $29.7M | $132,430 |
| 2022 | 7,515 | $149.8M | $30.3M | $90,342 |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIED OF MICHIGAN | Other Service Provider | $738,250 | — | $738,250 |
| WILSON-MCSHANE CORPORATION | Other Service Provider | $237,204 | — | $237,204 |
| SEGAL CONSULTING | Other Service Provider | $119,638 | — | $119,638 |
| LOOMIS SAYLES TRUST COMPANY, LLC | Other Service Provider | $97,579 | — | $97,579 |
| TIC MIDWEST | Other Service Provider | $96,568 | — | $96,568 |
| MARQUETTE ASSOCIATES | Other Service Provider | $77,000 | — | $77,000 |
| WATKINS, PAWLICK, CALATI & PRIFITI | Other Service Provider | $66,019 | — | $66,019 |
| CALIBRE CPA GROUP,PLLC | Auditor | $38,000 | — | $38,000 |
| HEALTH PLAN ADVOCATES | Other Service Provider | $35,392 | — | $35,392 |
| DELTA DENTAL OF MICHIGAN | Other Service Provider | $34,123 | — | $34,123 |
| TRADE SOLUTIONS | Other Service Provider | $14,195 | — | $14,195 |
| VISION SERVICE PLAN | Other Service Provider | $10,965 | — | $10,965 |
| ALLIED MEDIA | Other Service Provider | $10,857 | — | $10,857 |
| HONSA-BINDER | Other Service Provider | $6,441 | — | $6,441 |
| SEGAL SELECT INSURANCE SERVICES,INC | Other Service Provider | — | $5,725 | $5,725 |
| MELLON INVESTMENTS CORPORATION | Other Service Provider | $5,411 | — | $5,411 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP,PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,593,367
- Estimated Expense Ratio: 0.847% 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 | $890,311 | $179,990 | $303,343 | $38,000 | — |
| 2023 | $465,772 | $105,619 | $36,704 | $36,078 | — |
| 2022 | $509,158 | $91,750 | $74,880 | — | $216,708 |