Plan Snapshot
- Plan Sponsor: Board Of Trustees - Western Lake Superior Piping Industry Pension
- Sponsor EIN: 410882304
- Sponsor Address: 2002 LONDON ROAD, SUITE 300, DULUTH, MN, 55812
- Plan Type: DB
- Total Participants: 402
- Total Assets: $83.1M
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. |
|---|---|---|---|---|
| 2025 | 402 | $83.1M | $0 | $0 |
| 2024 | 394 | $75.8M | $0 | $0 |
| 2023 | 388 | $69.7M | $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 |
|---|---|---|---|---|
| BAUMAN ASSOCIATES, LTD. | Auditor | $20,362 | — | $20,362 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,362
- Estimated Expense Ratio: 0.025% 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 |
|---|---|---|---|---|---|
| 2025 | $922,818 | $338,713 | $65,800 | $20,362 | — |
| 2024 | $576,347 | $239,333 | $62,800 | $14,257 | — |
| 2023 | $552,719 | $220,047 | $59,400 | — | $224,202 |