Plan Snapshot
- Plan Sponsor: Board Of Trustees, Teamsters Retirement Pension Plan
- Sponsor EIN: 416047047
- Sponsor Address: 3001 METRO DR STE 500, BLOOMINGTON, MN, 55425
- Plan Type: DB
- Total Participants: 1,399
- Total Assets: $506.4M
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 | 1,399 | $506.4M | $23.4M | $0 |
| 2023 | 1,305 | $446.2M | $22.5M | $0 |
| 2022 | 1,295 | $422.6M | $21.6M | $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 |
|---|---|---|---|---|
| MILLER KAPLAN ARASE LLP | Auditor | $37,850 | — | $37,850 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,850
- Estimated Expense Ratio: 0.007% 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 | $1,536,614 | $748,767 | $138,000 | $37,850 | — |
| 2023 | $1,277,788 | $704,705 | $130,800 | $33,450 | — |
| 2022 | $1,290,262 | $732,126 | $127,200 | — | $267,533 |