Plan Snapshot
- Plan Sponsor: Board Of Trustees Sheet Metal, Air Youngstown District
- Sponsor EIN: 346751847
- Sponsor Address: 3660 STUTZ DRIVE, SUITE 101, CANFIELD, OH, 444068149
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 217
- Total Assets: $14.2M
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 | 217 | $14.2M | $3.7M | $279,949 |
| 2023 | 208 | $13.4M | $3.5M | $287,966 |
| 2022 | 217 | $11.5M | $3.7M | $280,146 |
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 |
|---|---|---|---|---|
| ANTHEM | Other Service Provider | $62,612 | — | $62,612 |
| BENESYS | Other Service Provider | $61,392 | — | $61,392 |
| THE SEGAL GROUP | Other Service Provider | $41,589 | — | $41,589 |
| ASHER KELLY | Other Service Provider | $35,528 | — | $35,528 |
| SHEET METAL WORKERS LOCAL 33 CCA | Other Service Provider | $24,575 | — | $24,575 |
| PACKER THOMAS | Auditor | $11,800 | — | $11,800 |
| SEGAL MARCO ADVISORS | Other Service Provider | $8,930 | — | $8,930 |
| CUNI, RUST & STRENK | Other Service Provider | $7,750 | — | $7,750 |
| PNC | Other Service Provider | $6,001 | — | $6,001 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PACKER THOMAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $260,177
- Estimated Expense Ratio: 1.833% 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 | $250,400 | $15,004 | $61,392 | $11,800 | — |
| 2023 | $246,350 | $14,853 | $70,152 | $11,500 | — |
| 2022 | $210,575 | $3,301 | $59,924 | — | $117,960 |