Plan Snapshot
- Plan Sponsor: Bridge, Structural & Ornamental Ironworkers Local 207 Pension Fund
- Sponsor EIN: 346720162
- Sponsor Address: 694 BEV RD. SUITE A, BOARDMAN, OH, 44512
- Plan Type: DB
- Total Participants: 323
- Total Assets: $79.9M
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 | 323 | $79.9M | $5.3M | $0 |
| 2023 | 327 | $70.2M | $5.4M | $0 |
| 2022 | 323 | $60.1M | $5.6M | $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 |
|---|---|---|---|---|
| PATRICIA RAFFETY | Recordkeeper | $71,467 | — | $71,467 |
| JOHN HANCOCK RETIREMENT SERVICES | Recordkeeper | $58,603 | — | $58,603 |
| YURCHYK & DAVIS CPA'S, INC. | Auditor | $46,540 | — | $46,540 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $38,347 | — | $38,347 |
| CUNI, RUST & STRENK | Actuary | $36,050 | — | $36,050 |
| FIDELITY INVESTMENTS | Investment Advisor | $30,132 | — | $30,132 |
| AMERICAN REALTY ADVISORS | Investment Advisor | $29,528 | — | $29,528 |
| MARINER INSTITUTIONAL, LLC | Investment Advisor | $28,500 | — | $28,500 |
| PBGC PREMIUM | Other Service Provider | $23,976 | — | $23,976 |
| BOYD WATTERSON ASSET MANAGEMENT | Investment Advisor | $22,446 | — | $22,446 |
| NORTHERN TRUST | Investment Advisor | $19,800 | — | $19,800 |
| ASB REAL ESTATE INVESTMENTS | Investment Advisor | $18,886 | — | $18,886 |
| MICHELLE BAECHLY | Other Service Provider | $12,779 | — | $12,779 |
| IRONWORKERS LOCAL UNION NO. 207 | Other Service Provider | $10,189 | — | $10,189 |
| VALLEY OFFICE SOLUTIONS | Other Service Provider | $7,858 | — | $7,858 |
| MACALA & PIATT, LLC | ERISA Attorney | $7,070 | — | $7,070 |
| HUNTINGTON NATIONAL BANK | Other Service Provider | $5,496 | — | $5,496 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $467,667
- Estimated Expense Ratio: 0.585% 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 | $547,653 | $28,500 | — | $10,400 | — |
| 2023 | $499,110 | $179,360 | — | $10,400 | — |
| 2022 | $389,070 | $184,062 | — | — | $52,617 |