Plan Snapshot
- Plan Sponsor: Wisconsin Sheet Metal Workers
- Sponsor EIN: 351638874
- Sponsor Address: 2201 SPRINGDALE ROAD, WAUKESHA, WI, 531862855
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,500
- Total Assets: $56.8M
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 | 2,500 | $56.8M | $51.0M | $4.6M |
| 2023 | 2,421 | $53.2M | $48.6M | $4.0M |
| 2022 | 2,257 | $43.1M | $40.8M | $4.1M |
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 |
|---|---|---|---|---|
| BENEFIT PLAN ADMINISTRATION | Other Service Provider | $1,311,376 | — | $1,311,376 |
| ANTHEM BLUE CROSS OF WISCONSIN | Other Service Provider | $713,332 | — | $713,332 |
| EXPRESS SCRIPTS | Other Service Provider | $427,305 | — | $427,305 |
| REINHART, BOERNER, VAN DEUREN S.C. | Other Service Provider | $188,294 | — | $188,294 |
| ZELIS HEALTHCARE | Other Service Provider | $147,882 | — | $147,882 |
| SEGAL | Other Service Provider | $128,630 | — | $128,630 |
| DELTA DENTAL OF WISCONSIN | Other Service Provider | $92,745 | — | $92,745 |
| MEDEXPERT INTERNATIONAL, INC. | Other Service Provider | $87,467 | — | $87,467 |
| COMBINED CRAFTS | Other Service Provider | $52,000 | — | $52,000 |
| NUVEEN ASSET MANAGEMENT | Other Service Provider | $42,415 | — | $42,415 |
| WEX HEALTH, INC | ERISA Attorney | $36,371 | — | $36,371 |
| SIKICH CPA LLC | Auditor | $35,255 | — | $35,255 |
| THE PREVIANT LAW FIRM, S.C. | Other Service Provider | $33,468 | — | $33,468 |
| ANDCO CONSULTING | Other Service Provider | $22,500 | — | $22,500 |
| MARINER WEALTH ADVISORS | Other Service Provider | $7,500 | — | $7,500 |
| US BANK | Other Service Provider | $7,364 | — | $7,364 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEX HEALTH, INC — ERISA Attorney
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,333,904
- Estimated Expense Ratio: 5.871% 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 | $1,416,879 | $79,779 | $135,774 | $35,255 | — |
| 2023 | $1,394,905 | $82,590 | $146,275 | $34,230 | — |
| 2022 | $1,376,947 | $90,578 | $625,966 | — | $410,143 |