# Ironworkers Local 549-550 Pension Plan DB Plan
Source: https://planprovider.pro/companies/ironworkers-local-549-550-pension-plan-plan

> Ironworkers Local 549-550 Pension Plan&#39;s DB plan: 792 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Ironworkers Local 549-550 Pension Plan

- **Sponsor EIN:** 556027928

- **Sponsor Address:** 9200 US ROUTE 60, ONA, WV, 255459507

- **Plan Type:** DB

- **Total Participants:** 792

- **Total Assets:** $215.5M

## 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.|

| 2025|792|$215.5M|$0|$0|

| 2024|938|$207.3M|$0|$0|

| 2023|770|$181.9M|$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|

| GRAY, GRIFFITH & MAYS A.C.|Auditor|$41,340|—|$41,340|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $41,340

- **Estimated Expense Ratio:** 0.019% 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|$968,800|$574,850|$116,700|$41,340|—|

| 2024|$862,438|$503,774|$120,001|$9,100|—|

| 2023|$988,950|$660,117|$129,089|—|$110,637|

## Similar Plans

- [Ironworkers Local 549/550 Security Plan Board Of Trustees](https://planprovider.pro/companies/ironworkers-local-549-550-security-plan-board-of-trustees-plan) — 4,003 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/ironworkers-local-549-550-pension-plan-plan)

&copy; 2026 PlanProvider.Pro
