Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Plumbers & Steamfitters Loc 42 Retirement Pln
- Sponsor EIN: 341824808
- Sponsor Address: PO BOX 165, NORWALK, OH, 448570165
- Plan Type: DC
- Plan Number: 002
- Total Participants: 558
- Total Assets: $26.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 558 | $26.7M | $1.8M | $0 |
| 2023 | 457 | $23.9M | $1.4M | $0 |
| 2022 | 434 | $22.3M | $1.3M | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $100,889 | — | $100,889 |
| CLIFTONLARSONALLEN | Auditor | $15,435 | — | $15,435 |
| LOCAL 42 PENSION PLAN | Recordkeeper | $14,969 | — | $14,969 |
| SHUMAKER LOOP & KENDRICK | ERISA Attorney | $9,350 | — | $9,350 |
| SEGAL SELECT INSURANCE SERVICES | Other Service Provider | $5,703 | — | $5,703 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $146,346
- Estimated Expense Ratio: 0.548% 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 | $155,647 | — | $100,889 | — | — |
| 2023 | $128,727 | — | $93,578 | $17,244 | — |
| 2022 | $138,756 | — | $86,120 | — | $18,590 |