Plan Snapshot
- Plan Sponsor: Heat And Frost Insulators Local 47 Retirement Savings Trust Fund
- Sponsor EIN: 932682845
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 489179275
- Plan Type: DC
- Total Participants: 365
- Total Assets: $1.0M
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 | 365 | $1.0M | $932,258 | $0 |
| 2023 | 248 | $181,375 | $190,487 | $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 |
|---|---|---|---|---|
| TIC MIDWEST | NONE | $37,222 | — | $37,222 |
| MEKETA INVESTMENT GROUP | NONE | $25,000 | — | $25,000 |
| BENDA, GRACE, STULZ & COMPANY, P.C. | NONE | $12,000 | — | $12,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,222
- Estimated Expense Ratio: 7.132% 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 | $81,588 | $25,000 | $35,000 | $12,000 | — |
| 2023 | $19,765 | — | $8,750 | $5,000 | — |