Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
Welfare & Pension Admin Service Inc.
Most often reported for recordkeeping and administration
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 27 retirement plans with 100 or more participants reported paying Welfare & Pension Admin Service Inc. $5,000 or more. Those plans cover 273,302 participant records, and the service most often reported is recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $13.7M. Per plan, the median was $86.45 per participant, with the middle half of plans between $42.94 and $130. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in Washington (21), Maryland (2) and Michigan (2).
In 2009 it appeared on 21 such filings; in 2024, 28. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $42.94 | $86.45 | $130 |
| Compensation as a share of plan net assets | 0.08% | 0.12% | 0.18% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| Southwest Carpenters Annuity Fund | Board of Trustees, Southwest Carpenters Annuity Fund | CA | 93,934 | $1.13B | $22K |
| Michigan Laborers' Pension Plan | Board of Trustees Michigan Laborers' Pension Fund | MI | 28,837 | $1.33B | $1.2M |
| Locals 302 & 612 of the IUOE - Employers Construction Industry Retirement Plan | Board of Trustees, Locals 302 & 612 of the IUOE - | WA | 19,582 | $3.33B | $2.0M |
| Michigan Laborers' Annuity Fund | Board of Trustees, Michigan Laborers' Annuity Fund | MI | 18,951 | $129M | $285K |
| Western Metal Industry Pension Plan | Board of Trustees, Western Metal Industry Pension Plan | WA | 13,512 | $1.05B | $1.0M |
| Puget Sound Electrical Workers Pension Plan | Board of Trustees, Puget Sound Electrical Workers Pension Trust | WA | 8,704 | $1.31B | $1.5M |
| Heating, Piping and Refrigeration Pension FD Pension Fund | BD of Tees Heating, Piping & Refrigeration Pension Fund | MD | 8,132 | $1.36B | $627K |
| Puget Sound Electrical Workers 401(k) Savings Plan | Board of Trustees Puget Sound Electrical Workers 401(k) Savings Plan | WA | 8,061 | $622M | $740K |
| Ironworkers District Council of the Pacific NW Field Ironworkers Annuity Trust Fund | Ironworkers District Council of the Paci Field Ironworkers Annuity Tru | WA | 7,937 | $589M | $241K |
| Northern Illinois Annuity Fund | Northern Illinois Annuity Fund | WA | 7,405 | $160M | $179K |
| Northwest Ironworkers Retirement Plan | Northwest Ironworkers Retirement Plan Board of Trustees | WA | 7,196 | $851M | $949K |
| Automotive Machinists Pension Plan | Automotive Machinists Pension Trust | WA | 7,159 | $843M | $1.0M |
| Steamfitters Local 602 Retirement Savings Plan Savings Plan | Board of Trustees - Steamfitters Local 602 Retirement Savings Plan | MD | 6,127 | $522M | $73K |
| Alaska Laborers-Employers Retirement Fund | Board of Trustees, Alaska Laborers- Employers Retirement Fund | WA | 5,804 | $657M | $925K |
| Defined Benefit Pension Plan of Agc-Iuoe Local 701 Pension Trust Fund | Board of Trustees Agc-Iuoe Local of Agc-Iuoe Local 701 Pension Trust | WA | 5,157 | $358M | $686K |
| Defined Contribution Plan of the Agc-Iuoe Local 701 Pension Trust Fund | Defined Contrib PL, Agc-Iuoe Local 701 Pension Trust Fund Trustees | WA | 4,923 | $157M | $216K |
| Engineers Agc Pension Plan of the Inland Empire | Engineers Agc Pension | WA | 3,403 | $215M | $302K |
| Idaho Operating Engineers Employers Pension Plan | Idaho Operating Engineers-Employers Pens | WA | 3,030 | $152M | $262K |
| Cement Masons and Plasterers Retirement Plan | Board of Trustees, Cement Masons and Plasterers Retirement Trust | WA | 2,984 | $446M | $456K |
| Cement Masons and Plasterers 401(k) Plan | Board of Trustees, Cement Masons and Plasterers 401(k) Trust | WA | 2,430 | $17.6M | $142K |
| Iron Workers Local No. 5 & Iwea Employees Pension Trust Fund | Board of Trustees, Iron Workers Local No. 5 & Iwea | WA | 2,354 | $417M | $272K |
| Northwest Glass, Molders, Pottery, Plastics and Allied Workers Pension Plan | Bot, N.W. GMP & Allied Workers Pension Plan | WA | 2,096 | $87.6M | $194K |
| Alaska Plumbing and Pipefitting Industry Pension Plan | Board of Trustees, Alaska Plumbing & Pipefitting Industry Pension Plan | OR | 1,840 | $192M | $16K |
| Chicago and Midwest Regional Pension Fund | Trustees of the Chicago and Midwest Regional Pension Fund | WA | 1,412 | $31.8M | $92K |
| Ironworkers Local #16 Pension Plan | Board of Trustees, Ironworkers Local #16 Pension Plan | WA | 886 | $122M | $118K |
| Northwest Employees Retirement Plan | Northwest Employees Retirement Plan | WA | 768 | $12.2M | $57K |
| Washington-Idaho Cement Masons Employers Retirement Trust Fund | Washington-Idaho Cement Masons Employers Retirement Trust Fund | WA | 678 | $42.3M | $87K |
Questions and answers
How many plans does Welfare & Pension Admin Service Inc. serve?
27 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Welfare & Pension Admin Service Inc.?
The median plan reported $86.45 per participant in direct and indirect compensation (27 plans reporting an amount), or 0.12% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Contract Administrator (21 plans), Recordkeeping and information management (13 plans), Accounting (including auditing) (13 plans) and Plan Administrator (12 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.