Plan Snapshot
- Plan Sponsor: Florida Trowel Trades Pension Trust Fund
- Sponsor EIN: 596214171
- Sponsor Address: P.O. BOX 1449, GOODLETTSVILLE, TN, 370701449
- Plan Type: DB
- Total Participants: 527
- Total Assets: $57.2M
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 | 527 | $57.2M | $665,031 | $0 |
| 2023 | 118 | $55.0M | $737,298 | $0 |
| 2022 | 500 | $51.1M | $705,513 | $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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | NONE | $191,151 | — | $191,151 |
| SOUTHERN BENEFIT ADMINISTRATORS | NONE | $98,304 | — | $98,304 |
| RBC GLOBAL ASSET MANAGEMENT | NONE | $59,427 | $3,220 | $62,647 |
| WEDGE CAPITAL MANAGEMENT | NONE | $37,371 | — | $37,371 |
| IRONWOOD PARTNERS | NONE | — | $28,766 | $28,766 |
| GORDON LAW LLC | NONE | $22,723 | — | $22,723 |
| UNITED ACTUARIAL SERVICE | NONE | $20,775 | — | $20,775 |
| DANIELS, IRWIN & AYLOR | Auditor | $18,400 | — | $18,400 |
| KSDT & CO, LLC | NONE | $18,400 | — | $18,400 |
| SEGALL BRYANT & HAMILL, LLC | NONE | $18,285 | — | $18,285 |
| FOUNDRY PARTNERS, LLC | NONE | $13,437 | — | $13,437 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — NONE
- RBC GLOBAL ASSET MANAGEMENT — NONE
- DANIELS, IRWIN & AYLOR — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $530,259
- Estimated Expense Ratio: 0.927% 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 | $606,991 | $320,809 | $86,400 | $18,400 | — |
| 2023 | $552,834 | $267,800 | $75,600 | — | — |
| 2022 | $577,518 | $305,025 | $72,000 | — | $86,245 |