Plan Snapshot
- Plan Sponsor: Board Of Trustees Plm & Steamfitters 248 Annuity Pln
- Sponsor EIN: 476290329
- Sponsor Address: 230 LEXINGTON GREEN CIRCLE, LEXINGTON, KY, 40503
- Plan Type: DC
- Plan Number: 002
- Total Participants: 358
- Total Assets: $14.0M
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 | 358 | $14.0M | $2.1M | $0 |
| 2023 | 366 | $11.1M | $1.7M | $0 |
| 2022 | 291 | $8.0M | $2.0M | $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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT | Other Service Provider | $53,043 | — | $53,043 |
| UMR | Other Service Provider | $17,000 | — | $17,000 |
| STANDARD VALUATIONS INC | Other Service Provider | $12,467 | — | $12,467 |
| LEDBETTER PARTNERS LLC | Other Service Provider | $12,114 | — | $12,114 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,624
- Estimated Expense Ratio: 0.674% 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 | $111,878 | $12,467 | $17,000 | $5,000 | — |
| 2023 | $101,410 | $12,500 | $14,057 | $5,000 | — |
| 2022 | $90,594 | $9,500 | $15,466 | — | $11,250 |