Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Building Matl Drivers Local 436 Pension Fund
- Sponsor EIN: 346665225
- Sponsor Address: 2 GATEWAY CENTER, PITTSBURGH, PA, 15222
- Plan Type: DB
- Total Participants: 68
- Total Assets: $110.9M
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 | 68 | $110.9M | $1.2M | $0 |
| 2023 | 76 | $113.8M | $1.8M | $0 |
| 2022 | 82 | $20.8M | $1.4M | $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 |
|---|---|---|---|---|
| ZENITH AMERICAN SOLUTIONS | Recordkeeper | $324,720 | — | $324,720 |
| CHEIRON INC | Actuary | $260,471 | — | $260,471 |
| MARINER INSTITUTIONAL LLC | Other Service Provider | $55,000 | — | $55,000 |
| YURCHYK & DAVIS CPA'S, INC. | Auditor | $49,090 | — | $49,090 |
| KEYBANK | Custodian / Trustee | $47,582 | — | $47,582 |
| FAULKNER, HOFFMAN & PHILLIPS | ERISA Attorney | $44,342 | — | $44,342 |
| PBGC PREMIUM | Other Service Provider | $42,282 | — | $42,282 |
| LOCAL UNION 436 | Other Service Provider | $28,015 | — | $28,015 |
| IRON MOUNTAIN | Other Service Provider | $13,087 | — | $13,087 |
| INVESCO NATIONAL TRUST COMPANY | Investment Advisor | $6,723 | — | $6,723 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $871,312
- Estimated Expense Ratio: 0.786% 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 | $2,738,417 | $55,000 | $324,720 | $21,900 | — |
| 2023 | $934,574 | $40,417 | $173,400 | $17,800 | — |
| 2022 | $3,420,134 | $29,166 | $370,822 | — | $94,767 |