Plan Snapshot
- Plan Sponsor: Bd Of Tees Of Steamfitters Lu No 420 Srp
- Sponsor EIN: 232495379
- Sponsor Address: 14420 TOWNSEND ROAD, SUITE B, PHILADELPHIA, PA, 191541028
- Plan Type: DC
- Total Participants: 6,827
- Total Assets: $727.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,827 | $727.7M | $57.1M | $0 |
| 2023 | 6,716 | $671.1M | $59.6M | $0 |
| 2022 | 6,295 | $586.6M | $54.4M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $762,067 | — | $762,067 |
| ZENITH AMERICAN SOLUTIONS,INC | NONE | $147,726 | — | $147,726 |
| MORGAN STANLEY WEALTH MGMT | NONE | $76,385 | — | $76,385 |
| DANIEL A. WINTERS & COMPANY, CPAS | NONE | $65,319 | — | $65,319 |
| EMPLOYEE A | NONE | $55,284 | — | $55,284 |
| EMPLOYEE B | NONE | $45,505 | — | $45,505 |
| CLEARY & JOSEM LLP | NONE | $40,945 | — | $40,945 |
| STEAMFITTERS LU 420 BUILDING FUND | UNION AFFILIATE | $29,095 | — | $29,095 |
| KANG HAGGERTY & FETBROYT | NONE | $22,568 | — | $22,568 |
| J. A MARIANO AGENCY, INC | NONE | — | $12,465 | $12,465 |
| KENNEDY PRINTING CO. | NONE | $5,435 | — | $5,435 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DANIEL A. WINTERS & COMPANY, CPAS — NONE
- EMPLOYEE A — NONE
- EMPLOYEE B — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,262,794
- Estimated Expense Ratio: 0.174% 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 | $2,122,891 | $1,022,049 | $147,684 | $46,321 | — |
| 2023 | $1,728,485 | $868,262 | $146,220 | $46,642 | — |
| 2022 | $1,750,806 | $841,855 | $146,843 | — | $80,175 |