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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | Recordkeeper | $2,299,138 | — | $2,299,138 |
| AMERICAN REALTY ADVISORS | Other Service Provider | $454,084 | — | $454,084 |
| IAM & AW | Other Service Provider | $442,251 | — | $442,251 |
| ACADIAN ASSET MANAGEMENT LLC | Other Service Provider | $260,121 | — | $260,121 |
| CHEIRON | Other Service Provider | $169,351 | — | $169,351 |
| DODGE & COX | Other Service Provider | $148,579 | — | $148,579 |
| WITHUMSMITH+BROWN, PC | Auditor | $120,452 | — | $120,452 |
| BNY MELLON | Other Service Provider | $65,846 | — | $65,846 |
| TRUIST BANK | Other Service Provider | $51,025 | — | $51,025 |
| BREDHOFF & KAISER, P.L.L.C. | ERISA Attorney | $40,126 | — | $40,126 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $36,851 | — | $36,851 |
| THE SEGAL COMPANY | Other Service Provider | $25,990 | — | $25,990 |
| LAZARD ASSET MANAGEMENT LLC | Other Service Provider | $25,244 | — | $25,244 |
| BLACKSTONE ENERGY MANAGEMENT ASSOCI | Other Service Provider | $20,933 | — | $20,933 |
| KOSKIE MINSKY LLP | Other Service Provider | $18,381 | — | $18,381 |
| SALIENT CAPITAL, LP | Other Service Provider | $15,867 | — | $15,867 |
| CENTER COAST CAPITAL ADVISORS, LP | Other Service Provider | $10,462 | — | $10,462 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — Recordkeeper
- WITHUMSMITH+BROWN, PC — Auditor
- BREDHOFF & KAISER, P.L.L.C. — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,204,701
- Estimated Expense Ratio: 0.474% 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 |