Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Twin City Hospital Workers Pension Plan
- Sponsor EIN: 410973571
- Sponsor Address: 3001 METRO DRIVE, SUITE 500, BLOOMINGTON, MN, 55425
- Plan Type: DB
- Total Participants: 7,167
- Total Assets: $286.9M
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 | 7,167 | $286.9M | $9.4M | $0 |
| 2023 | 7,020 | $259.9M | $8.9M | $0 |
| 2022 | 6,685 | $226.3M | $8.1M | $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 |
|---|---|---|---|---|
| WILSON-MCSHANE CORPORATION | Other Service Provider | $323,120 | — | $323,120 |
| MERCER INVESTEMENTS LLC | Other Service Provider | $134,770 | — | $134,770 |
| U.S. BANK NATIONAL ASSOCIATION | Recordkeeper | $69,266 | — | $69,266 |
| HESSIAN & MCKASY, P.A. | Other Service Provider | $65,423 | — | $65,423 |
| HORIZON ACTUARIAL SERVICES, LLC | Other Service Provider | $58,721 | — | $58,721 |
| PLANTE & MORAN, PLLC | Auditor | $50,550 | — | $50,550 |
| PBI RESEARCH SERVICES | Other Service Provider | $6,110 | — | $6,110 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- U.S. BANK NATIONAL ASSOCIATION — Recordkeeper
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $707,960
- Estimated Expense Ratio: 0.247% 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 | $1,254,803 | $134,770 | $348,000 | $50,550 | — |
| 2023 | $1,234,274 | $153,609 | $336,000 | $36,200 | — |
| 2022 | $1,151,362 | $260,057 | $312,000 | — | $123,726 |