Plan Snapshot
- Plan Sponsor: Board Of Trustees,Plasterers Local 67 Pension Trust Fund
- Sponsor EIN: 386103880
- Sponsor Address: 5600 NEW KING DRIVE, SUITE 330, TROY, MI, 48098
- Plan Type: DC
- Plan Number: 001
- Total Participants: 530
- Total Assets: $33.0M
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 | 530 | $33.0M | $1.9M | $0 |
| 2023 | 484 | $31.5M | $2.0M | $0 |
| 2022 | 519 | $28.6M | $1.7M | $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 LIFRE INSURANCE COMPANY | Other Service Provider | $82,277 | — | $82,277 |
| MERIILL LYNCH | Other Service Provider | $30,000 | — | $30,000 |
| TIC MIDWEST, LLC | Other Service Provider | $18,396 | — | $18,396 |
| WATKINS PAWLICK CALATAI PRIFTI PC | Other Service Provider | $9,243 | — | $9,243 |
| BENDA, GRACE, STULZ & COMPANY, P.C. | Other Service Provider | $9,200 | — | $9,200 |
| CITY PRINTING COMPANY, INC. | Other Service Provider | $5,351 | — | $5,351 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $154,467
- Estimated Expense Ratio: 0.468% 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 | $174,126 | $110,797 | $17,350 | $9,200 | — |
| 2023 | $179,682 | $25,208 | $11,400 | $8,400 | — |
| 2022 | $162,009 | $98,797 | $11,400 | — | $31,535 |