Plan Snapshot
- Plan Sponsor: Union Construction Workers Health Plan
- Sponsor EIN: 344442536
- Sponsor Address: P.O. BOX 1330, HOLLAND, OH, 435281330
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,877
- Total Assets: $80.1M
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 | 1,877 | $80.1M | $35.6M | $2.9M |
| 2023 | 1,842 | $73.0M | $33.7M | $3.1M |
| 2022 | 1,824 | $65.9M | $29.0M | $3.2M |
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 |
|---|---|---|---|---|
| NOA | Other Service Provider | $1,600,948 | — | $1,600,948 |
| COMMUNITY INSURANCE COMPANY | Other Service Provider | $1,025,590 | — | $1,025,590 |
| ANTHEM | Other Service Provider | $998,838 | — | $998,838 |
| PAYDHEALTH | Other Service Provider | $428,715 | — | $428,715 |
| EMPIRX HEALTH LLC | Other Service Provider | $346,387 | — | $346,387 |
| ALLOTTA L FARLEY CO., L.P.A. | Other Service Provider | $85,933 | — | $85,933 |
| THE TRUST COMPANY OF TOLEDO | Other Service Provider | $69,994 | — | $69,994 |
| SEGAL COMPANY | Other Service Provider | $66,667 | — | $66,667 |
| CURALINC | Other Service Provider | $43,608 | — | $43,608 |
| JOHNSON INVESTMENT COUNSEL | Other Service Provider | $36,760 | — | $36,760 |
| BUCK GLOBAL, LLC | Other Service Provider | $31,560 | — | $31,560 |
| CLARKS, SCHAEFER, HACKETT & CO. | Other Service Provider | $29,500 | — | $29,500 |
| MARINER INSTITUTIONAL LLC | Other Service Provider | $21,633 | — | $21,633 |
| HUNTINGTON INSURANCE | Other Service Provider | $14,230 | — | $14,230 |
| KEYSTONE PRINTING | Other Service Provider | $7,275 | — | $7,275 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $7,094 | — | $7,094 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,814,732
- Estimated Expense Ratio: 6.009% 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 | $2,916,667 | $101,711 | $2,510,804 | $38,435 | — |
| 2023 | $2,816,264 | $96,410 | $2,318,438 | $41,477 | — |
| 2022 | $2,894,250 | $113,690 | $2,367,626 | — | $346,151 |