Plan Snapshot
- Plan Sponsor: Board Of Trustees, Sheet Metal Workers' Pension Plan
- Sponsor EIN: 956052257
- Sponsor Address: 111 N SEPULVEDA BLVD STE 210, MANHATTAN BEACH, CA, 90266
- Plan Type: DB
- Total Participants: 5,519
- Total Assets: $1.4B
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 | 5,519 | $1.4B | $90.5M | $0 |
| 2023 | 5,402 | $1.3B | $90.2M | $0 |
| 2022 | 5,299 | $1.2B | $85.9M | $0 |
| 2018 | 4,824 | $956.7M | $0 | $0 |
| 2017 | 4,969 | $1.0B | $0 | $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 |
|---|---|---|---|---|
| MILLER KAPLAN ARASE LLP | Auditor | $61,095 | — | $61,095 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,095
- Estimated Expense Ratio: 0.004% 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 | $8,556,140 | $4,818,857 | — | $61,095 | — |
| 2023 | $8,392,647 | $4,933,705 | — | $55,550 | — |
| 2022 | $7,547,156 | $4,144,410 | — | — | $751,653 |
| 2018 | $6,437,981 | $2,993,701 | — | — | $1,204,743 |
| 2017 | $6,776,500 | $3,141,670 | — | — | $993,230 |