Plan Snapshot
- Plan Sponsor: Fluor Marine Propulsion, LLC
- Sponsor EIN: 824281125
- Sponsor Address: 814 PITTSBURGH MCKEESPORT BOULEVARD, WEST MIFFLIN, PA, 151220079
- Plan Type: DB
- Total Participants: 1,297
- Total Assets: $1.2B
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 | 1,297 | $1.2B | $23.9M | $3.0M |
| 2023 | 1,418 | $1.2B | $28.7M | $2.9M |
| 2022 | 1,522 | $1.1B | $23.1M | $3.1M |
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 |
|---|---|---|---|---|
| MERCER INVESTMENT LLC | NONE | $1,444,447 | — | $1,444,447 |
| FIDELITY WORKPLACE SERVICES LLC | NONE | $272,211 | — | $272,211 |
| NORTHERN TRUST COMPANY | NONE | $169,816 | — | $169,816 |
| BUCK GLOBAL LLC | NONE | $134,164 | — | $134,164 |
| BNY MELLON | NONE | — | $46,956 | $46,956 |
| SCHNEIDER DOWNS & CO. | NONE | $26,800 | — | $26,800 |
| STATE STREET GLOBAL ADVISORS TRUST | NONE | $12,524 | — | $12,524 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHNEIDER DOWNS & CO. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,106,918
- Estimated Expense Ratio: 0.178% 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 | $5,439,734 | $1,481,482 | — | $26,800 | — |
| 2023 | $5,535,120 | $1,862,161 | — | $25,700 | — |
| 2022 | $6,031,357 | $1,500,525 | — | — | $1,501,160 |