Plan Snapshot
- Plan Sponsor: Welfare Fund Of Engineers Local Union 513
- Sponsor EIN: 436071748
- Sponsor Address: 3449 HOLLENBERG DRIVE, BRIDGETON, MO, 63044
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,927
- Total Assets: $147.2M
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 | 2,927 | $147.2M | $54.7M | $6.3M |
| 2023 | 2,799 | $133.1M | $52.1M | $6.3M |
| 2022 | 2,711 | $120.8M | $50.9M | $6.3M |
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 |
|---|---|---|---|---|
| BENESYS, INC. | Other Service Provider | $1,148,214 | — | $1,148,214 |
| EVERSIDE HEALTH LLC | Other Service Provider | $869,432 | — | $869,432 |
| DELTA DENTAL | Other Service Provider | $163,727 | — | $163,727 |
| MILLIMAN USA | Recordkeeper | $99,000 | — | $99,000 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $77,017 | — | $77,017 |
| LOCAL 513 | Recordkeeper | $59,699 | — | $59,699 |
| VISION SERVICE PLAN | Other Service Provider | $55,317 | — | $55,317 |
| HARTNETT REYES-JONES | Other Service Provider | $53,666 | — | $53,666 |
| THE COMMERCE TRUST COMPANY | Other Service Provider | $53,067 | — | $53,067 |
| BOSTON TRUST WALDEN COMPANY | Other Service Provider | $34,128 | — | $34,128 |
| CONSTRUCTION DATA SERVICES | Other Service Provider | $31,302 | — | $31,302 |
| ANDERS MINKLER HUBER & HELM LLP | Auditor | $25,500 | — | $25,500 |
| NEPC, LLC | Recordkeeper | $20,450 | — | $20,450 |
| MEDEXPERT INTERNATIONAL INC | Other Service Provider | $19,000 | — | $19,000 |
| BRYAN CAVE LEIGHTON PAISNER LLC | ERISA Attorney | $9,900 | — | $9,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN USA — Recordkeeper
- ANDERS MINKLER HUBER & HELM LLP — Auditor
- NEPC, LLC — Recordkeeper
- BRYAN CAVE LEIGHTON PAISNER LLC — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,719,419
- Estimated Expense Ratio: 1.847% 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 | $3,462,043 | $179,731 | $1,074,622 | $25,500 | — |
| 2023 | $3,360,841 | $176,077 | $1,058,914 | $29,588 | — |
| 2022 | $3,356,837 | $172,175 | $1,070,112 | — | $211,135 |