Plan Snapshot
- Plan Sponsor: Board Of Trustees, Plumbers & Steamfitters Local No. 300
- Sponsor EIN: 450354856
- Sponsor Address: 4510 13TH AVE S, FARGO, ND, 581211000
- Plan Type: DC
- Total Participants: 875
- Total Assets: $74.7M
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 | 875 | $74.7M | $0 | $5.4M |
| 2023 | 910 | $67.1M | $0 | $4.6M |
| 2022 | 881 | $56.2M | $0 | $3.8M |
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 |
|---|---|---|---|---|
| ALERUS RETIREMENT SOLUTIONS | Other Service Provider | $86,592 | — | $86,592 |
| MORGAN STANLEY MANAGED ACCOUNT SERV | Recordkeeper | $71,694 | — | $71,694 |
| BLUE CROSS BLUE SHIELD OF ND | Recordkeeper | $58,871 | — | $58,871 |
| ABST LAW | ERISA Attorney | $42,195 | — | $42,195 |
| LOCAL UNION 300 | Other Service Provider | $31,585 | — | $31,585 |
| WIDMER ROEL PC | Auditor | $24,950 | — | $24,950 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY MANAGED ACCOUNT SERV — Recordkeeper
- ABST LAW — ERISA Attorney
- WIDMER ROEL PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $315,887
- Estimated Expense Ratio: 0.423% 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 | $366,219 | $158,286 | $90,456 | — | — |
| 2023 | $321,387 | $133,378 | $78,195 | $19,750 | — |
| 2022 | $333,096 | $55,723 | $82,467 | — | $93,081 |