Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Industry And Local 338 Pension Fund
- Sponsor EIN: 516126649
- Sponsor Address: 911 RIDGEBROOK ROAD, SPARKS, MD, 21152
- Plan Type: DB
- Total Participants: 213
- Total Assets: $109.5M
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. |
|---|---|---|---|---|
| 2025 | 213 | $109.5M | $0 | $0 |
| 2024 | 232 | $102.3M | $0 | $0 |
| 2023 | 232 | $96.3M | $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 |
|---|---|---|---|---|
| SCHULTHEIS & PANETTIERI, LLP | Auditor | $40,000 | — | $40,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,000
- Estimated Expense Ratio: 0.037% 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 |
|---|---|---|---|---|---|
| 2025 | $905,851 | $493,011 | $144,948 | $40,000 | — |
| 2024 | $928,127 | $543,009 | $140,214 | $40,000 | — |
| 2023 | $840,951 | $445,755 | $135,468 | — | $165,880 |