Plan Snapshot
- Plan Sponsor: Board Of Trustees Indiana State Council Of Carpenters Pension Fund
- Sponsor EIN: 356060378
- Sponsor Address: 700 TOWER DRIVE, STE 300, TROY, MI, 48098
- Plan Type: DB
- Plan Number: 001
- Total Participants: 8,190
- Total Assets: $1.4B
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 | 8,190 | $1.4B | $105.7M | $0 |
| 2023 | 6,965 | $1.3B | $93.4M | $0 |
| 2022 | 3,694 | $1.2B | $36.8M | $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 |
|---|---|---|---|---|
| MORGAN STANLEY | Other Service Provider | $1,932,911 | — | $1,932,911 |
| BENESYS, INC. | Other Service Provider | $526,716 | — | $526,716 |
| BLACKSTONE INFRA. ADVISORS LLC | Other Service Provider | $335,694 | — | $335,694 |
| COMERICA | Other Service Provider | $270,196 | — | $270,196 |
| UNITED ACTUARIAL SERVICES, INC | Other Service Provider | $207,313 | — | $207,313 |
| REINHART BOERNER VAN DEUREN | Other Service Provider | $182,027 | — | $182,027 |
| CHEVY CHASE TRUST | Other Service Provider | $177,669 | — | $177,669 |
| JOHNSON AND KROL | Other Service Provider | $172,468 | — | $172,468 |
| VICTORY CAPITAL MANAGEMENT | Investment Advisor | $136,592 | — | $136,592 |
| LM HENDERSON | Other Service Provider | $63,699 | — | $63,699 |
| LEGACY PROFESSIONALS LLP | Auditor | $58,000 | — | $58,000 |
| REGIONS BANK | Other Service Provider | $48,183 | — | $48,183 |
| L&G INV. MGMT. AMERICA, INC. | Other Service Provider | $38,368 | — | $38,368 |
| INVESCO ADVISERS, INC | Other Service Provider | $30,509 | — | $30,509 |
| AMERICAN GRAPHICS | Other Service Provider | $13,253 | — | $13,253 |
| GRM INFORMATION MANAGEMENT | Other Service Provider | $8,963 | — | $8,963 |
| SMART SOURCE LLC | Other Service Provider | $6,517 | — | $6,517 |
| NCCMP | Other Service Provider | $6,000 | — | $6,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VICTORY CAPITAL MANAGEMENT — Investment Advisor
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,215,078
- Estimated Expense Ratio: 0.312% 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 | $4,950,538 | $2,651,743 | $468,546 | $58,000 | — |
| 2023 | $4,894,924 | $2,265,023 | $467,798 | $80,350 | — |
| 2022 | $2,112,503 | $1,075,494 | $235,158 | — | $370,650 |