Plan Snapshot
- Plan Sponsor: Bd Of Trustees Sheet Metal Workers Local Union No. 12 Annuity Fund
- Sponsor EIN: 251478389
- Sponsor Address: 5 HOT METAL STREET, PITTSBURGH, PA, 15203
- Plan Type: DC
- Total Participants: 991
- Total Assets: $112.2M
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 | 991 | $112.2M | $5.9M | $0 |
| 2023 | 973 | $99.3M | $4.6M | $0 |
| 2022 | 980 | $87.7M | $3.9M | $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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | NONE | $167,311 | — | $167,311 |
| CENTRAL DATA SERVICES | NONE | $57,300 | — | $57,300 |
| MARINER INSTITUTIONAL, LLC | NONE | $40,000 | — | $40,000 |
| DICLAUDIO & KRAMER, LLC | NONE | $16,535 | — | $16,535 |
| JUBELIRER PASS & INTRIERI, P.C. | NONE | $13,438 | — | $13,438 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DICLAUDIO & KRAMER, LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $294,584
- Estimated Expense Ratio: 0.263% 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 | $334,277 | $40,000 | $57,300 | $16,535 | — |
| 2023 | $284,939 | $40,000 | $54,571 | $16,037 | — |
| 2022 | $287,854 | $176,354 | $52,982 | — | $32,878 |