Plan Snapshot
- Plan Sponsor: Board Of Trustees Sheet Metal, Air Youngstown District
- Sponsor EIN: 346596079
- Sponsor Address: 3660 STUTZ DRIVE, SUITE 101, CANFIELD, OH, 444068149
- Plan Type: DC
- Total Participants: 503
- Total Assets: $39.5M
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 | 503 | $39.5M | $1.4M | $157,993 |
| 2023 | 492 | $35.5M | $1.4M | $139,415 |
| 2022 | 513 | $31.8M | $1.5M | $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 | NONE | $37,717 | — | $37,717 |
| ASHER KELLY | NONE | $14,858 | — | $14,858 |
| SHEET METAL COLLECTION AGENCY | NONE | $14,068 | — | $14,068 |
| BENESYS | NONE | $12,480 | — | $12,480 |
| ANDCO CONSULTING | NONE | $12,000 | — | $12,000 |
| MARINER INSTITUTIONAL LLC | NONE | $12,000 | — | $12,000 |
| PACKER THOMAS | NONE | $10,250 | — | $10,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — NONE
- PACKER THOMAS — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,373
- Estimated Expense Ratio: 0.287% 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 | $134,156 | $24,000 | $54,131 | $10,250 | — |
| 2023 | $154,163 | — | $57,700 | $10,000 | — |
| 2022 | $140,278 | — | $53,806 | — | $75,105 |