Plan Snapshot
- Plan Sponsor: Board Of Trustees Insulators Local 45 Defined Contribution Pension
- Sponsor EIN: 201144608
- Sponsor Address: 700 TOWER DRIVE, SUITE 300, TROY, MI, 480982808
- Plan Type: DC
- Total Participants: 582
- Total Assets: $41.5M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 582 | $41.5M | $0 | $0 |
| 2023 | 623 | $36.8M | $0 | $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 |
|---|---|---|---|---|
| BULTYNCK & CO., P.L.L.C. | Auditor | $22,700 | — | $22,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,700
- Estimated Expense Ratio: 0.055% 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 | $225,512 | $115,950 | $18,551 | $22,700 | — |
| 2023 | $202,008 | $105,088 | $17,939 | — | $53,396 |