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Original filing (PDF)20251001151334NAL0014453904001
BOARD OF TRUSTEES, CEDAR RAPIDS ELECTRICAL WORKERS
Form 5500
FILING_RECEIVED
CEDAR RAPIDS ELECTRICAL WORKERS LOCAL #405 HEALTH AND WELFARE FUND
Health & welfare plan
Signals · 3
~368 bps in Sched C feesNo recordkeeper disclosed10 service providers
Active participants
851
Accounts w/ balance
—
Plan assets (EOY)
$27.7M
Net assets (EOY)
$26.0M
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 368 bps in Schedule C fees — 1168% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Helping the score
- Concentration not scored — Schedule of Assets PDF not yet parsed for this plan.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BOARD OF TRUSTEES, CEDAR RAPIDS ELECTRICAL WORKERS.
Plan sponsor
Name
BOARD OF TRUSTEES, CEDAR RAPIDS ELECTRICAL WORKERS
DBA
405 HEALTH AND WELFARE FUND
EIN
23-7091120
Address
424 FIRST AVE NE · CEDAR RAPIDS, IA · 52401
Phone
(319) 398-3283
Industry
Electrical Contractors· Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-01
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
4Q · Other
Audit & trust (Schedule H)
Auditor
CLIFTONLARSONALLEN LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
10 rowsOther
10| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WELLMARK HEALTH PLAN OF IOWA, INC. | 42-1455449 | — | NONE | $547K | — |
| EMPLOYEE GROUP SERVICES LTD DBA AUX | 42-1426202 | — | NONE | $217K | — |
| REINHART BOERNER VAN DEUREN S.C. | 39-1126909 | — | NONE | $103K | — |
| DELTA DENTAL OF IOWA | 42-0959302 | — | NONE | $50K | — |
| CLIFTONLARSONALLEN LLP | 41-0746749 | — | NONE | $37K | — |
| BENEFIT ADVISORS, INC. DBA ACUMEN | 27-3865622 | — | NONE | $17K | — |
| COVENANT WORKPLACE SOLUTIONS | 88-3177822 | — | NONE | $15K | — |
| FIDUCIENT ADVISORS | 36-4001764 | — | NONE | $14K | — |
| CEDAR RAPIDS BANK AND TRUST | 42-1524302 | — | NONE | $11K | — |
| O'SULLIVAN ASSOCIATES | 20-8199367 | — | NONE | $6K | — |
Investments
The Schedule of Assets is filed as a free-form PDF attachment on EFAST2; we parse these offline and coverage is partial (priority is the largest plans by EOY assets). This plan also reports no pooled (Schedule D) interests, so its holdings aren’t hidden on a master-trust filing. The line-item data lives on DOL EFAST2 under the same ACK_ID.
See Methodology > Data linkages for how Form 5500 / Schedule H / Schedule D / Schedule of Assets fit together.
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