Plan Snapshot
- Plan Sponsor: Board Of Trustees Local 422 Pension Trust Fund
- Sponsor EIN: 341907614
- Sponsor Address: 707 BROOKPARK RD., CLEVELAND, OH, 44109
- Plan Type: DB
- Total Participants: 0
- Total Assets: $15.5M
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. |
|---|---|---|---|---|
| 2024 | 0 | $15.5M | $0 | $0 |
| 2023 | 0 | $16.1M | $0 | $0 |
| 2022 | 0 | $16.3M | $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 |
|---|---|---|---|---|
| LOCAL 400 FOOD TERMINAL WELFARE FND | Other Service Provider | $44,174 | — | $44,174 |
| THE SEGAL COMPANY | N/A | $25,828 | — | $25,828 |
| ANDCO CONSULTING | N/A | $21,600 | — | $21,600 |
| NEITZEL, LUKE & SALOPEK, INC. | N/A | $14,670 | — | $14,670 |
| KEYBANK NATIONAL ASSOCIATION | N/A | $9,939 | — | $9,939 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,211
- Estimated Expense Ratio: 0.750% 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 | $166,124 | $31,539 | $44,174 | — | — |
| 2023 | $160,892 | $34,856 | $33,383 | — | — |
| 2022 | $161,493 | $34,893 | $35,632 | — | $48,827 |