Plan Snapshot
- Plan Sponsor: Iron Workers Local 404
- Sponsor EIN: 251754959
- Sponsor Address: 1807 SPRING GARDEN STREET, PHILADELPHIA, PA, 19130
- Plan Type: DC
- Total Participants: 885
- Total Assets: $75.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 885 | $75.5M | $0 | $0 |
| 2024 | 899 | $70.9M | $0 | $0 |
| 2023 | 947 | $66.4M | $0 | $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 |
|---|---|---|---|---|
| FISCHER DORWART, P.C. | Auditor | $16,750 | — | $16,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,750
- Estimated Expense Ratio: 0.022% 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 |
|---|---|---|---|---|---|
| 2025 | $230,324 | $86,205 | $48,482 | $16,750 | — |
| 2024 | $196,923 | $73,603 | $51,820 | $16,750 | — |
| 2023 | $238,086 | $96,614 | $53,495 | — | $67,970 |