Plan Snapshot
- Plan Sponsor: Iron Workers, Riggers & Machinery Movers Local 405 Annuity Fund
- Sponsor EIN: 232041188
- Sponsor Address: 2433 REED STREET, PHILADELPHIA, PA, 19146
- Plan Type: DC
- Total Participants: 372
- Total Assets: $27.7M
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 | 372 | $27.7M | $0 | $0 |
| 2023 | 426 | $27.4M | $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, PC | Auditor | $22,105 | — | $22,105 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,105
- Estimated Expense Ratio: 0.080% 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 | $281,741 | $60,249 | $86,269 | $22,105 | — |
| 2023 | $329,610 | $72,759 | — | — | $87,656 |