Plan Snapshot
- Plan Sponsor: I.A.T.S.E. Local 3 Annuity Fund
- Sponsor EIN: 208539583
- Sponsor Address: THREE GATEWAY CENTER, STE 1625, PITTSBURGH, PA, 15222
- Plan Type: DC
- Total Participants: 712
- Total Assets: $7.2M
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 | 712 | $7.2M | $905,662 | $0 |
| 2023 | 798 | $6.2M | $890,532 | $0 |
| 2022 | 771 | $5.0M | $748,982 | $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 |
|---|---|---|---|---|
| C.W. BREITSMAN ASSOCIATES LLC | NONE | $30,000 | — | $30,000 |
| XPYRIA INVESTMENT ADVISORS | NONE | $18,487 | — | $18,487 |
| CYPHER & CYPHER | NONE | $6,930 | — | $6,930 |
| CERITY PARTNERS | NONE | $6,592 | — | $6,592 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,009
- Estimated Expense Ratio: 0.856% 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 | $80,635 | $25,079 | $30,000 | $6,930 | — |
| 2023 | $70,683 | $23,031 | $30,000 | $6,600 | — |
| 2022 | $66,064 | $22,236 | $30,000 | — | $8,827 |