Plan Snapshot
- Plan Sponsor: Board Of Trustees Central Iowa Carpenters Pension Plan
- Sponsor EIN: 366066902
- Sponsor Address: 3001 METRO DRIVE, BLOOMINGTON, MN, 55425
- Plan Type: DB
- Plan Number: 002
- Total Participants: 2,126
- Total Assets: $218.3M
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. |
|---|---|---|---|---|
| 2025 | 2,126 | $218.3M | $0 | $0 |
| 2024 | 897 | $202.0M | $6.8M | $0 |
| 2023 | 862 | $187.8M | $6.5M | $0 |
| 2022 | 770 | $173.6M | $6.3M | $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 |
|---|---|---|---|---|
| WILSON-MCSHANE CORPORATION | Other Service Provider | $146,781 | — | $146,781 |
| THE SEGAL COMPANY | Other Service Provider | $118,717 | — | $118,717 |
| BNY MELLON INVESTMENT ADVISER, INC. | Other Service Provider | $76,146 | — | $76,146 |
| SEGAL MARCO ADVISORS | Other Service Provider | $67,975 | — | $67,975 |
| ARNOLD, NEWBOLD, SOLLARS & HOLLINS | Other Service Provider | $62,396 | — | $62,396 |
| BOSTON TRUST WALDEN NATIONAL ASSOC. | Other Service Provider | $49,621 | — | $49,621 |
| DEBOER & ASSOCIATES, P.C. | Other Service Provider | $22,500 | — | $22,500 |
| COMERICA | Other Service Provider | $14,891 | — | $14,891 |
| ALLIANCE BERNSTEIN L.P. | Other Service Provider | $6,652 | — | $6,652 |
| COMMUNITY STATE BANK | Other Service Provider | $5,830 | — | $5,830 |
| INVESCO TRUST COMPANY | Other Service Provider | $5,575 | — | $5,575 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $577,084
- Estimated Expense Ratio: 0.264% 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 |
|---|---|---|---|---|---|
| 2025 | $12,931,889 | $205,969 | $144,000 | $22,500 | — |
| 2024 | $792,629 | $286,539 | $138,000 | $17,500 | — |
| 2023 | $726,727 | $237,149 | $132,000 | $17,000 | — |
| 2022 | $686,161 | $267,105 | $126,000 | — | $180,196 |