Plan Snapshot
- Plan Sponsor: Board Of Trustees Milwaukee Drivers Pension Fund
- Sponsor EIN: 396045229
- Sponsor Address: 11270 W PARK PLACE, MILWAUKEE, WI, 532243632
- Plan Type: DB
- Total Participants: 2,309
- Total Assets: $1.1B
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 | 2,309 | $1.1B | $61.5M | $0 |
| 2023 | 2,366 | $981.1M | $63.7M | $0 |
| 2022 | 2,422 | $875.7M | $64.2M | $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 |
|---|---|---|---|---|
| JP MORGAN CHASE BANK | Recordkeeper | $378,679 | — | $378,679 |
| RIVER ROAD ASSET MANAGEMENT | Other Service Provider | $269,794 | — | $269,794 |
| SOLDON LAW FIRM, LLC | Other Service Provider | $260,140 | — | $260,140 |
| ALLIANCE BERNSTEIN LP | Other Service Provider | $234,689 | — | $234,689 |
| LOOMIS SAYLES TRUST CO | Other Service Provider | $221,909 | — | $221,909 |
| BNY MELLON INVESTMENT MANAGEMENT | Other Service Provider | $208,555 | — | $208,555 |
| GOODWIN CAPITAL ADVISERS | Other Service Provider | $167,481 | — | $167,481 |
| BENEFIT PLAN ADMINISTRATORS | Other Service Provider | $144,216 | — | $144,216 |
| THE SEGAL COMPANY | Other Service Provider | $138,854 | — | $138,854 |
| PNC BANK | Other Service Provider | $126,321 | — | $126,321 |
| SEGAL MARCO CONSULTING | Other Service Provider | $115,000 | — | $115,000 |
| COLUMBIA THREADNEEDLE | Other Service Provider | $114,466 | — | $114,466 |
| WELLINGTON TRUST CO | Other Service Provider | $77,747 | — | $77,747 |
| CALIBRE CPA GROUP, PLLC | Auditor | $29,250 | — | $29,250 |
| MACQUARIE INVESTMENT MANAGEMENT | Other Service Provider | $21,642 | — | $21,642 |
| SEGAL SELECT INSURANCE | Other Service Provider | — | $12,473 | $12,473 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN CHASE BANK — Recordkeeper
- CALIBRE CPA GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,521,216
- Estimated Expense Ratio: 0.233% 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 | $2,819,379 | $1,809,961 | $144,216 | $29,250 | — |
| 2023 | $2,872,129 | $2,001,791 | $144,417 | $28,250 | — |
| 2022 | $3,115,068 | $2,325,328 | $144,401 | — | $356,030 |