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
- 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. |
|---|---|---|---|---|
| 2025 | 1,795 | $565.1M | $0 | $0 |
| 2024 | 1,839 | $555.3M | $0 | $0 |
| 2023 | 1,794 | $555.2M | $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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | $260,885 | — | $260,885 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $260,885
- Estimated Expense Ratio: 0.046% 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 |
|---|---|---|---|---|---|
| 2025 | $4,193,474 | $1,117,584 | $298,880 | $260,885 | — |
| 2024 | $3,290,958 | $1,373,160 | $298,880 | $209,850 | — |
| 2023 | $3,845,222 | $2,004,010 | $305,211 | — | $734,151 |