Plan Snapshot
- Plan Sponsor: Asbestos Workers Philadelphia Pension Fund
- Sponsor EIN: 236406511
- Sponsor Address: 2014 HORNIG ROAD, PHILADELPHIA, PA, 191164202
- Plan Type: DB
- Plan Number: 001
- Total Participants: 466
- Total Assets: $237.9M
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 | 466 | $237.9M | $18.7M | $0 |
| 2023 | 466 | $239.4M | $17.9M | $0 |
| 2022 | 459 | $246.0M | $15.6M | $0 |
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 |
|---|---|---|---|---|
| LSV ASSET MANAGEMENT | Other Service Provider | $252,231 | — | $252,231 |
| MICHAEL E BURNS | Other Service Provider | $250,897 | — | $250,897 |
| WALTER SCOTT & PARTNERS LIMITED | Other Service Provider | $154,729 | — | $154,729 |
| RBC WEALTH MANAGEMENT | Recordkeeper | $151,228 | — | $151,228 |
| COOKE & BIELER L.P. | Other Service Provider | $106,138 | — | $106,138 |
| FIERA CAPITAL INC | Other Service Provider | $96,884 | — | $96,884 |
| METLIFE INVESTMENT MANAGEMENT | Other Service Provider | $89,734 | — | $89,734 |
| NOVAK FRANCELLA LLC | Auditor | $85,962 | — | $85,962 |
| KAITLYN AZOFEIFA | Other Service Provider | $81,731 | — | $81,731 |
| NEW TOWER TRUST COMPANY | Other Service Provider | — | $78,892 | $78,892 |
| THE MCKEOGH COMPANY | Other Service Provider | $71,250 | — | $71,250 |
| PNC BANK N.A. | Other Service Provider | $69,703 | — | $69,703 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $62,022 | — | $62,022 |
| BIRCH RUN INVESTMENTS LLC | Other Service Provider | $44,998 | — | $44,998 |
| EAGLE ASSET MANAGEMENT | Other Service Provider | $44,985 | — | $44,985 |
| ASBESTOS WORKERS LOCAL UNION NO 14 | Other Service Provider | $38,871 | — | $38,871 |
| MERANZE & KATZ | Other Service Provider | $30,061 | — | $30,061 |
| DEBORAH NAHILL | Other Service Provider | $29,553 | — | $29,553 |
| CHARLSON BRABER MCCABE & DENMARK | Other Service Provider | $29,500 | — | $29,500 |
| MERIPLEX SOLUTIONS, LLC | Other Service Provider | $6,681 | — | $6,681 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC WEALTH MANAGEMENT — Recordkeeper
- NOVAK FRANCELLA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,776,050
- Estimated Expense Ratio: 0.747% 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 | $1,918,678 | $940,927 | — | $79,808 | — |
| 2023 | $1,852,341 | $903,510 | — | $74,430 | — |
| 2022 | $1,931,360 | $1,078,962 | — | — | $233,974 |