# Board Of Trustees Of The Twin City Floor Covering Industry Pension Fun DB Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-the-twin-city-floor-covering-industry-pension-fun-416145862-001

> Board Of Trustees Of The Twin City Floor Covering Industry Pension Fun&#39;s DB plan: 380 participants, plan year 2024 financials, providers, and benchmarks from…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees Of The Twin City Floor Covering Industry Pension Fun

- **Sponsor EIN:** 416145862

- **Sponsor Address:** 3001 METRO DRIVE, SUITE 500, BLOOMINGTON, MN, 55425

- **Plan Type:** DB

- **Plan Number:** 001

- **Total Participants:** 380

- **Total Assets:** $166.5M

## 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.|

| 2024|380|$166.5M|$5.9M|$0|

| 2023|413|$155.7M|$5.5M|$0|

| 2022|407|$144.9M|$5.3M|$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|

| STAIRWAY PARTNERS, LLC|Other Service Provider|$496,743|—|$496,743|

| THE SEGAL COMPANY|Other Service Provider|$244,993|—|$244,993|

| REINHART BOERNER VAN DUEREN|Other Service Provider|$64,726|—|$64,726|

| WILSON MCSHANE CORPORATION|Other Service Provider|$63,844|—|$63,844|

| SHUMAKER, LOOP & KENDRICK, LLP|Other Service Provider|$38,553|—|$38,553|

| CLIFTONLARSONALLEN LLP|Auditor|$24,413|—|$24,413|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CLIFTONLARSONALLEN LLP](https://planprovider.pro/provider/cliftonlarsonallen-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $933,272

- **Estimated Expense Ratio:** 0.560% 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|$1,027,774|$496,743|$63,550|$24,413|—|

| 2023|$779,618|$534,045|$60,550|$23,494|—|

| 2022|$688,708|$415,837|$57,300|—|$126,776|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-of-the-twin-city-floor-covering-industry-pension-fun-416145862-001)

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