Plan Snapshot
- Plan Sponsor: Joint Board Of Trustee Plumbers 98 Defined Contribution Pension Plan
- Sponsor EIN: 383155388
- Sponsor Address: 700 TOWER DRIVE, TROY, MI, 48098
- Plan Type: DC
- Total Participants: 907
- Total Assets: $83.9M
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 | 907 | $83.9M | $2.1M | $1.7M |
| 2023 | 936 | $74.3M | $2.0M | $1.6M |
| 2022 | 875 | $64.4M | $1.7M | $1.6M |
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 |
|---|---|---|---|---|
| BENESYS, INC. | NONE | $114,939 | — | $114,939 |
| MERRILL LYNCH | NONE | $50,000 | — | $50,000 |
| ASHER KELLY LAW | NONE | $20,376 | — | $20,376 |
| AMERICAN GRAPHICS PRINTING CO | NONE | $17,973 | — | $17,973 |
| BULTYNCK & CO., PLLC | NONE | $15,000 | — | $15,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERRILL LYNCH — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $218,288
- Estimated Expense Ratio: 0.260% 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 | $257,562 | $75,533 | $110,775 | $15,832 | — |
| 2023 | $256,446 | $72,114 | $107,538 | $15,625 | — |
| 2022 | $248,697 | $72,427 | $105,660 | — | $23,372 |