Plan Snapshot
- Plan Sponsor: Central Iowa Sheet Metal Workers Health Fund - Joint Board Of
- Sponsor EIN: 421378576
- Sponsor Address: 4534 NW 6TH DRIVE, DES MOINES, IA, 50313
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 436
- Total Assets: $15.6M
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 | 436 | $15.6M | $8.1M | $165,359 |
| 2023 | 443 | $14.1M | $8.1M | $251,482 |
| 2022 | 461 | $11.7M | $7.0M | $377,571 |
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 |
|---|---|---|---|---|
| THE SEGAL COMPANY (MIDWEST), INC. | Other Service Provider | $61,585 | — | $61,585 |
| SHEET METAL WORKERS INT'L UNION 45 | Other Service Provider | $61,464 | — | $61,464 |
| DEBOER & ASSOCIATES, PC | Auditor | $24,120 | — | $24,120 |
| FIDUCIENT ADVISORS | Other Service Provider | $15,450 | — | $15,450 |
| BLAKE & UHLIG, P.A. | Other Service Provider | $11,112 | — | $11,112 |
| COMMUNITY STATE BANK | Other Service Provider | $5,442 | — | $5,442 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DEBOER & ASSOCIATES, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $179,173
- Estimated Expense Ratio: 1.149% 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 | $534,664 | $15,450 | $407,828 | $21,100 | — |
| 2023 | $520,919 | $15,450 | $390,970 | $20,675 | — |
| 2022 | $511,602 | $20,226 | $297,275 | — | $118,304 |