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Original filing (PDF)20260114162051NAL0015933105005
BOARD OF TRUSTEES OF HEAT AND FROST INSULATORS LOCAL 34 H&W PLAN
Form 5500
FILING_RECEIVED
HEAT AND FROST INSULATORS LOCAL 34 HEALTH & WELFARE PLAN
Health & welfare plan
Signals · 4
43% in single holding~690 bps in Sched C feesNo recordkeeper disclosed8 service providers
Active participants
421
Accounts w/ balance
—
Plan assets (EOY)
$11.0M
Net assets (EOY)
$10.3M
How this plan invests
This plan
24 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
85
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
78
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "DODGE & COX INCOME FUND" is 43% of plan.
- 690 bps in Schedule C fees — 2281% above peer band of 29 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BOARD OF TRUSTEES OF HEAT AND FROST INSULATORS LOCAL 34 H&W PLAN.
Plan sponsor
Name
BOARD OF TRUSTEES OF HEAT AND FROST INSULATORS LOCAL 34 H&W PLAN
EIN
41-6263066
Address
3001 METRO DRIVE, SUITE 500 · BLOOMINGTON, MN · 55425
Phone
(952) 851-3409
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-04-01
Tax period
2025-03-31
Filed
2026-01-14
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
Audit & trust (Schedule H)
Auditor
LEGACY PROFESSIONALS LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
8 rowsOther
8| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| HEALTHPARTNERS ADMINISTRATORS, INC. | 41-1629390 | — | NONE | $325K | — |
| WILSON-MCSHANE CORPORATION | 41-0956552 | — | NONE | $291K | — |
| SHUMAKER, LOOP & KENDRICK, LLP | 34-4439491 | — | NONE | $59K | — |
| THE MCKEOGH COMPANY | 23-3003375 | — | NONE | $42K | — |
| LEGACY PROFESSIONALS LLP | 32-0043599 | — | NONE | $19K | — |
| DDMN ASO LLC | 41-1852523 | — | NONE | $13K | — |
| US BANK | 31-0841368 | — | NONE | $6K | — |
| FIDUCIENT ADVISORS | 36-4001764 | — | NONE | $5K | — |
Investments
24 direct securities· $9.6M(87% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| DODGE & COX INCOME FUND | — | — | $4.4M | $4.1M | 37.6% | |
| ARTISAN HIGH INCOME | — | — | $813K | $843K | 7.7% | |
| AMERICAN FS EUROPACIFIC | — | — | $615K | $653K | 5.9% | |
| VANGUARD INFLATION | — | — | $449K | $433K | 3.9% | |
| RBC EMERGING MARKETS EQUITY | — | — | $378K | $427K | 3.9% | |
| }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION AMOUNT }}}}}}}}}}} }}}}}}}}}}}}}} PRESCRIPTION DRUG REBATES | — | — | — | $348K | 3.2% | |
| DWS RREEF REAL ASSETS | — | — | $332K | $347K | 3.2% | |
| COHEN & STEERS INSTITUTIONAL REALTY | — | — | $357K | $341K | 3.1% | |
| }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION AMOUNT }}}}}}}}}}} }}}}}}}}}}}}}} BENEFIT ADMINISTRATION FEES | — | — | — | $338K | 3.1% | |
| DODGE & COX STOCK FUND | — | — | $297K | $282K | 2.6% | |
| INVESCO STEELPATH MLP SELECT | — | — | $122K | $281K | 2.5% | |
| VANGUARD 500 INDEX FUND | — | — | $143K | $272K | 2.5% | |
| JPMORGAN LARGE CAP GROWTH | — | — | $169K | $253K | 2.3% | |
| VANGUARD SMALL CAP INDEX | — | — | $172K | $239K | 2.2% | |
| UNALLOCATED DEPOSITS | — | — | $148K | $145K | 1.3% | |
| }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION BEGINNING ENDING }}}}}}}}}}} }}}}}}}}}}}}}} PRESCRIPTION DRUG REBATES | — | — | $195K | $128K | 1.2% | |
| ~~~~~~~~~~~~~~ 23 STATEMENT(S) 1, 2, 3, 4 13360112 769095 42120.5500 | — | — | $42K | $42K | 0.4% | |
| }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION BEGINNING ENDING }}}}}}}}}}} }}}}}}}}}}}}}} CONTRIBUTIONS PAID IN ADVANCE | — | — | $23K | $24K | 0.2% | |
| SUBROGATION SETTLEMENTS | — | — | — | $17K | 0.2% | |
| CHARLES SCHWAB BANK SWEEP | — | — | $4K | $4K | <0.1% | |
| CYBERSECURITY CONSULTING FEES | — | — | — | $4K | <0.1% | |
| FEES MANDATED BY ACA | — | — | — | $3K | <0.1% | |
| PRINTING AND POSTAGE | — | — | — | $2K | <0.1% | |
| }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} DESCRIPTION AMOUNT }}}}}}}}}}} }}}}}}}}}}}}}} INSURANCE | — | — | — | $1K | <0.1% |