Plan Snapshot
- Plan Sponsor: Board Of Trustees Iuoe Local 57
- Sponsor EIN: 050446832
- Sponsor Address: 857 CENTRAL AVE, JOHNSTON, RI, 02919
- Plan Type: DC
- Plan Number: 001
- Total Participants: 1,347
- Total Assets: $154.5M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,347 | $154.5M | $0 | $0 |
| 2024 | 1,023 | $145.8M | $10.3M | $0 |
| 2023 | 948 | $131.9M | $9.3M | $0 |
| 2022 | 938 | $119.5M | $8.7M | $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 |
|---|---|---|---|---|
| SEGAL ROGERSCASEY | Other Service Provider | $127,680 | — | $127,680 |
| WARD FISHER & COMPANY, LLP | Other Service Provider | $29,600 | — | $29,600 |
| SEGAL ADVISORS INC. | Other Service Provider | $21,123 | — | $21,123 |
| KIERNAN PLUNKETT & REDIHAN LLC | Other Service Provider | $14,500 | — | $14,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $192,903
- Estimated Expense Ratio: 0.125% 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 | $19,611,703 | $149,215 | — | $29,600 | — |
| 2024 | $382,583 | $129,150 | — | $27,200 | — |
| 2023 | $375,612 | $146,089 | — | $25,400 | — |
| 2022 | $411,403 | $189,721 | — | — | $36,000 |