Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Steamfitters Lu 420 Pension Plan
- Sponsor EIN: 232004424
- Sponsor Address: 14420 TOWNSEND ROAD, SUITE B, PHILADELPHIA, PA, 191541028
- Plan Type: DB
- Total Participants: 2,425
- Total Assets: $644.1M
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 | 2,425 | $644.1M | $59.9M | $0 |
| 2023 | 2,398 | $645.7M | $60.4M | $0 |
| 2022 | 2,456 | $555.9M | $55.5M | $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 |
|---|---|---|---|---|
| BOSTON PARTNERS GLOBAL INVESTORS | Other Service Provider | $246,254 | — | $246,254 |
| FOUNDRY PARTNERS LLC | Other Service Provider | $240,323 | — | $240,323 |
| ZENITH AMERICAN SOLUTIONS,INC | Other Service Provider | $240,045 | — | $240,045 |
| CBIZ RETIREMENT PLAN SERVICES | Other Service Provider | $174,652 | — | $174,652 |
| WEAVER C BARKSDALE & ASSOC INC | Other Service Provider | $165,315 | — | $165,315 |
| OLD GLORY ASSET MANAGEMENT | Other Service Provider | $163,932 | — | $163,932 |
| CAUSEWAY CAPITAL MANAGEMENT LLC | Other Service Provider | $151,641 | — | $151,641 |
| GW&K INVESTMENT MANAGEMENT, LLC | Other Service Provider | $119,261 | — | $119,261 |
| DANIEL A. WINTERS & COMPANY, CPAS | Auditor | $99,820 | — | $99,820 |
| MORGAN STANLEY WEALTH MGMT | Other Service Provider | $95,481 | — | $95,481 |
| PNC BANK, N.A. | Other Service Provider | $83,893 | — | $83,893 |
| CLEARY & JOSEM LLP | Other Service Provider | $81,079 | — | $81,079 |
| EMPLOYEE A | Recordkeeper | $72,295 | — | $72,295 |
| SAGE ADVISORY SERVICES, LTD CO. | Other Service Provider | $71,651 | — | $71,651 |
| EMPLOYEE B | Recordkeeper | $59,506 | — | $59,506 |
| NORTHERN TRUST | Other Service Provider | $43,600 | — | $43,600 |
| KANG HAGGERTY & FETBROYT, LLC | Other Service Provider | $42,589 | — | $42,589 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $39,855 | — | $39,855 |
| STEAMFITTERS LU 420 BUILDING FUND | Other Service Provider | $38,048 | — | $38,048 |
| EMPLOYEE C | Recordkeeper | $26,077 | — | $26,077 |
| EMPLOYEE D | Recordkeeper | $25,942 | — | $25,942 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $18,750 | — | $18,750 |
| KENNEDY PRINTING CO., INC. | Other Service Provider | $18,360 | — | $18,360 |
| J.A. MARIANO AGENCY, INC. | Other Service Provider | — | $11,959 | $11,959 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DANIEL A. WINTERS & COMPANY, CPAS — Auditor
- EMPLOYEE A — Recordkeeper
- EMPLOYEE B — Recordkeeper
- EMPLOYEE C — Recordkeeper
- EMPLOYEE D — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,330,328
- Estimated Expense Ratio: 0.362% 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 | $4,555,535 | $3,245,853 | $191,108 | $68,746 | — |
| 2023 | $4,383,311 | $2,992,923 | $189,228 | $68,012 | — |
| 2022 | $3,855,217 | $2,642,598 | $190,042 | — | $277,757 |