Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Plumbers Local 55 Defined Contribution Retirement
- Sponsor EIN: 204805291
- Sponsor Address: 980 KEYNOTE CIRCLE, BROOKLYN HEIGHTS, OH, 441310000
- Plan Type: DC
- Total Participants: 914
- Total Assets: $41.1M
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 | 914 | $41.1M | $5.3M | $324,523 |
| 2023 | 828 | $32.8M | $4.7M | $316,303 |
| 2022 | 704 | $24.6M | $4.7M | $304,448 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC. | Recordkeeper | $73,496 | — | $73,496 |
| CDS ADMINISTRATORS, INC. | Other Service Provider | $37,298 | — | $37,298 |
| FAULKNER, HOFFMAN & PHILLIPS, LLC | Other Service Provider | $18,605 | — | $18,605 |
| CIUNI AND PANICHI | Other Service Provider | $17,941 | — | $17,941 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $147,340
- Estimated Expense Ratio: 0.359% 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 | $288,947 | $73,496 | $5,440 | $17,941 | — |
| 2023 | $249,653 | $54,699 | $5,079 | $20,560 | — |
| 2022 | $245,374 | $42,469 | — | — | $33,397 |