# Board Of Trustees, Iron Workers Local No. 25 DB Plan
Source: https://planprovider.pro/companies/board-of-trustees-iron-workers-local-no-25-386056780-001

> Board Of Trustees, Iron Workers Local No. 25&#39;s DB plan: 1,795 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees, Iron Workers Local No. 25

- **Sponsor EIN:** 386056780

- **Sponsor Address:** 700 TOWER DRIVE, TROY, MI, 480982808

- **Plan Type:** DB

- **Plan Number:** 001

- **Total Participants:** 1,795

- **Total Assets:** $565.1M

## 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|1,795|$565.1M|$55.1M|$0|

| 2023|1,839|$555.3M|$58.5M|$0|

| 2022|1,794|$555.2M|$56.6M|$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|

| TAFT STETTINIUS & HOLLISTER LLP|Other Service Provider|$386,365|—|$386,365|

| HESSIAN & MCKASY, P.A.|Other Service Provider|$360,224|—|$360,224|

| BENESYS, INC.|Other Service Provider|$332,711|—|$332,711|

| BANK OF NEW YORK MELLON|Other Service Provider|$331,542|—|$331,542|

| PLANTE & MORAN, PLLC|Other Service Provider|$260,885|—|$260,885|

| LITTLER MENDELSON PC|Other Service Provider|$237,146|—|$237,146|

| NATIONAL INVESTMENT SERVICES OF AME|Other Service Provider|$233,107|—|$233,107|

| IRON WORKERS LOCAL NO. 25|Recordkeeper|$215,298|—|$215,298|

| LOOMIS SAYLES TRUST COMPANY|Other Service Provider|$207,161|—|$207,161|

| NEPC, LLC|Recordkeeper|$185,000|—|$185,000|

| ASHERKELLY|Other Service Provider|$160,853|—|$160,853|

| COMERICA BANK|Other Service Provider|$155,789|—|$155,789|

| BOSTON TRUST WALDEN COMPANY|Other Service Provider|$119,905|—|$119,905|

| HORIZON ACTUARIAL SERVICES, LLC|Other Service Provider|$100,165|—|$100,165|

| BOYD WATTERSON ASSET MANAGEMENT, LL|Other Service Provider|$89,661|—|$89,661|

| GLOBAL TRUST COMPANY|Other Service Provider|$81,476|—|$81,476|

| CRESCENT CAPITAL GROUP LP|Other Service Provider|—|$73,790|$73,790|

| ULLICO INVESTMENT ADVISORS INC.|Other Service Provider|$51,076|—|$51,076|

| SLEVIN & HART, PC|ERISA Attorney|$43,999|—|$43,999|

| MARSH & MCLENNAN AGENCY, LLC|Investment Advisor|—|$37,149|$37,149|

| AMERICAN GRAPHICS PRINTING CO.|Other Service Provider|$30,390|—|$30,390|

| WITHUMSMITH + BROWN, PC|Auditor|$28,611|—|$28,611|

| DOVENMUEHLE MORTGAGE, INC.|Other Service Provider|$25,060|—|$25,060|

| BLACKROCK INST. TRUST CO. N.A.|Other Service Provider|$8,413|—|$8,413|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [NEPC, LLC](https://planprovider.pro/provider/milliman) — Recordkeeper

- [SLEVIN & HART, PC](https://planprovider.pro/provider/slevin-and-hart-pc) — ERISA Attorney

- [MARSH & MCLENNAN AGENCY, LLC](https://planprovider.pro/provider/marsh-mclennan-agency) — Investment Advisor

- [WITHUMSMITH + BROWN, PC](https://planprovider.pro/provider/withumsmithbrown-pc) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $3,755,776

- **Estimated Expense Ratio:** 0.665% 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|$4,193,474|$1,117,584|$298,880|$260,885|—|

| 2023|$3,290,958|$1,373,160|$298,880|$209,850|—|

| 2022|$3,845,222|$2,004,010|$305,211|—|$734,151|

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