Plan Snapshot
- Plan Sponsor: International Association Of Machinists And Aerospace Workers
- Sponsor EIN: 536001417
- Sponsor Address: 9000 MACHINISTS PLACE, UPPER MARLBORO, MD, 207722687
- Plan Type: DB
- Total Participants: 677
- Total Assets: $887.7M
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 | 677 | $887.7M | $31.4M | $0 |
| 2023 | 661 | $896.0M | $29.5M | $0 |
| 2022 | 660 | $868.4M | $27.3M | $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 |
|---|---|---|---|---|
| WITHUMSMITH+BROWN | Auditor | $54,000 | — | $54,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,000
- Estimated Expense Ratio: 0.006% 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 | $4,132,706 | $3,082,842 | — | $54,000 | — |
| 2023 | $3,816,467 | $2,885,364 | — | $43,500 | — |
| 2022 | $4,030,722 | $3,153,407 | — | — | $284,801 |