# Board Of Trustees, Freight Drivers And Helpers Local Union No. 557 DB Plan
Source: https://planprovider.pro/companies/board-of-trustees-freight-drivers-and-helpers-local-union-no-557-plan

> Board Of Trustees, Freight Drivers And Helpers Local Union No. 557's DB plan: 148 participants, plan year 2024 financials, providers, and benchmarks from For…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees, Freight Drivers And Helpers Local Union No. 557

- **Sponsor EIN:** 526118055

- **Sponsor Address:** 7130 COLUMBIA GATEWAY DR., SUITE A, COLUMBIA, MD, 21046

- **Plan Type:** DB

- **Total Participants:** 148

- **Total Assets:** $212.7M

## 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|148|$212.7M|$1.7M|$0|

| 2023|216|$214.2M|$2.6M|$0|

| 2022|234|$202.8M|$2.6M|$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|

| HCFL|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$4,371,016|$401,580|$253,352|—|—|

| 2023|$469,691|$255,582|$252,612|—|—|

| 2022|$906,599|$123,789|$249,531|—|$172,227|

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