# Board Of Trustees, Iatse Local 38 Pension Fund DC Plan
Source: https://planprovider.pro/companies/board-of-trustees-local-38-812-iatse-pension-trust-fund-plan

> Board Of Trustees, Iatse Local 38 Pension Fund&#39;s DC plan: 1,002 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, Iatse Local 38 Pension Fund

- **Sponsor EIN:** 382848288

- **Sponsor Address:** 5600 NEW KING DRIVE, SUITE 330, TROY, MI, 480980000

- **Plan Type:** DC

- **Total Participants:** 1,002

- **Total Assets:** $36.2M

## 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|1,002|$36.2M|$0|$0|

| 2023|1,238|$36.1M|$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|

| BENDA, GRACE, STULZ & COMPANY, P,C,|Auditor|$12,000|—|$12,000|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $12,000

- **Estimated Expense Ratio:** 0.033% 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|$456,725|$214,717|$48,400|$12,000|—|

| 2023|$305,087|$206,232|$31,800|—|$41,200|

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