Plan Snapshot
- Plan Sponsor: West Virginia Pipe Trades Health And Welfare Fund
- Sponsor EIN: 556030152
- Sponsor Address: 20000 HORIZON WAY, SUITE 600, MOUNT LAUREL, NJ, 080541057
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 380
- Total Assets: $4.2M
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 | 380 | $4.2M | $8.3M | $412,599 |
| 2023 | 424 | $5.0M | $10.5M | $436,447 |
| 2022 | 459 | $3.1M | $8.4M | $456,036 |
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 |
|---|---|---|---|---|
| THE HEALTH PLAN | Other Service Provider | $159,306 | — | $159,306 |
| BEACON ADMINISTRATORS & CONSULTANTS | Other Service Provider | $154,134 | — | $154,134 |
| MCELHANEY & ASSOCIATES, LLC | Other Service Provider | $49,202 | — | $49,202 |
| JOHN DASCOLI PLLC | Recordkeeper | $32,307 | — | $32,307 |
| ACRISURE MID ATLANTIC PARTNERS INSU | Other Service Provider | $10,645 | — | $10,645 |
| STANDARD VALUATION, INC. | Other Service Provider | $10,000 | — | $10,000 |
| ELMCRX SOLUTIONS | Other Service Provider | $7,967 | — | $7,967 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN DASCOLI PLLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $423,561
- Estimated Expense Ratio: 10.045% 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 | $813,555 | $11,284 | $154,134 | $49,202 | — |
| 2023 | $487,469 | $12,054 | $164,766 | $40,000 | — |
| 2022 | $380,332 | $11,739 | $110,138 | — | $240,331 |