Plan Snapshot
- Plan Sponsor: Ironworkers District Council Of The Paci Field Ironworkers Annuity Tru
- Sponsor EIN: 911342114
- Sponsor Address: 7525 S.E. 24TH STREET, SUITE 200, MERCER ISLAND, WA, 98040
- Plan Type: DC
- Plan Number: 002
- Total Participants: 7,218
- Total Assets: $593.8M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,218 | $593.8M | $38.5M | $0 |
| 2023 | 7,434 | $560.6M | $38.9M | $0 |
| 2022 | 7,520 | $483.7M | $41.0M | $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 |
|---|---|---|---|---|
| WASHINGTON CAPITAL MANAGEMENT, INC | Other Service Provider | $464,686 | — | $464,686 |
| SIERRA INVESTMENT PARTNERS | Other Service Provider | $447,506 | — | $447,506 |
| MILLIMAN, INC. | Recordkeeper | $281,020 | — | $281,020 |
| LOOMIS SAYLES & COMPANY, LP | Other Service Provider | $272,628 | — | $272,628 |
| WELFARE & PENSION ADMIN SVC, INC. | Other Service Provider | $240,646 | — | $240,646 |
| HOOD RIVER CAPITAL MANAGEMENT | Other Service Provider | $204,498 | — | $204,498 |
| MATRIX TRUST COMPANY | Recordkeeper | $142,526 | — | $142,526 |
| PANAGORA ASSET MANAGEMENT, INC | Other Service Provider | $84,547 | — | $84,547 |
| SUN LIFE CAPITAL MANAGEMENT, LLC | Other Service Provider | $76,957 | — | $76,957 |
| VERUS | Other Service Provider | $73,750 | — | $73,750 |
| MARSH & MCLENNAN AGENCY LLC | Other Service Provider | $69,227 | — | $69,227 |
| BARLOW COUGHRAN MORALES & JOSEPHSON | Other Service Provider | $24,231 | — | $24,231 |
| CALPA ADVISORS LLC | Other Service Provider | $20,000 | — | $20,000 |
| ANASTASI, MOORE & MARTIN, PLLC | Auditor | $18,450 | — | $18,450 |
| TURNER, STOEVE & GAGLIARDI PS | Other Service Provider | $11,314 | — | $11,314 |
| BANK OF AMERICA | Other Service Provider | $5,319 | — | $5,319 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — Recordkeeper
- MATRIX TRUST COMPANY — Recordkeeper
- ANASTASI, MOORE & MARTIN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,437,305
- Estimated Expense Ratio: 0.410% 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 | $2,452,751 | $1,792,417 | $458,904 | $18,450 | — |
| 2023 | $2,176,588 | $1,529,984 | $461,208 | $17,500 | — |
| 2022 | $2,016,817 | $1,360,510 | $452,828 | — | $100,867 |