Plan Snapshot
- Plan Sponsor: Board Of Trustees Ironworkers Local #597 Pension Plan
- Sponsor EIN: 596195918
- Sponsor Address: P.O. BOX 1449, GOODLETTSVILLE, TN, 370700358
- Plan Type: DB
- Total Participants: 154
- Total Assets: $30.1M
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 | 154 | $30.1M | $1.0M | $0 |
| 2023 | 224 | $27.7M | $1.1M | $0 |
| 2022 | 247 | $25.6M | $1.1M | $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 |
|---|---|---|---|---|
| STEVEN D EISENBERG CPA PA | Auditor | $23,486 | — | $23,486 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,486
- Estimated Expense Ratio: 0.078% 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 | $248,802 | $63,674 | $45,894 | $23,486 | — |
| 2023 | $226,470 | $58,404 | $48,479 | $18,177 | — |
| 2022 | $235,982 | $57,656 | $48,109 | — | $87,881 |