Plan Snapshot
- Plan Sponsor: Iron Workers Local #397 Pension Fund
- Sponsor EIN: 596168650
- Sponsor Address: P.O. BOX 1449, GOODLETTSVILLE, TN, 370703589
- Plan Type: DB
- Total Participants: 666
- Total Assets: $97.1M
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 | 666 | $97.1M | $3.3M | $0 |
| 2023 | 653 | $90.1M | $3.0M | $0 |
| 2022 | 566 | $82.7M | $3.1M | $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 |
|---|---|---|---|---|
| STEVEN D EISENBERG CPA, P.A. | Auditor | $600 | — | $600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $600
- Estimated Expense Ratio: 0.001% 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 | $524,803 | $253,114 | $59,315 | $600 | — |
| 2023 | $472,177 | $220,414 | $58,156 | $14,650 | — |
| 2022 | $438,560 | $196,698 | $60,040 | — | $103,609 |