Plan Snapshot
- Plan Sponsor: Board Of Trustees Cleve News Pub Np & Mag Drvrs Local 473 - Rec Fun
- Sponsor EIN: 341234556
- Sponsor Address: 6051 CAREY DRIVE, VALLEY VIEW, OH, 44125
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 370
- Total Assets: $22,145
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 | 370 | $22,145 | $12,261 | $0 |
| 2023 | 367 | $27,458 | $13,346 | $0 |
| 2022 | 391 | $36,853 | $14,853 | $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 |
|---|---|---|---|---|
| J. SCHAEFER & COMPANY LLC | Auditor | $2,000 | — | $2,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,000
- Estimated Expense Ratio: 9.031% 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 | $6,953 | — | $3,329 | $2,000 | — |
| 2023 | $9,961 | — | $4,306 | $2,500 | — |
| 2022 | $7,636 | — | — | — | $3,066 |