Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees Bricklayer Pension Trust Fund
- Sponsor EIN: 516030972
- Sponsor Address: P.O. BOX 4506, TROY, MI, 480994506
- Plan Type: DB
- Plan Number: 001
- Total Participants: 503
- Total Assets: $190.1M
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 | 503 | $190.1M | $12.9M | $0 |
| 2023 | 502 | $181.5M | $12.8M | $0 |
| 2022 | 484 | $163.7M | $12.2M | $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 |
|---|---|---|---|---|
| WELLINGTON TRUST COMPANY | Other Service Provider | $233,657 | — | $233,657 |
| BENESYS, INC. | Other Service Provider | $144,302 | — | $144,302 |
| NOVARA LAW GROUP, PLLC | Other Service Provider | $137,408 | — | $137,408 |
| LOOMIS SAYLES & COMPANY | Other Service Provider | $88,461 | — | $88,461 |
| MORGAN STANLEY GLOBAL BANKING | Other Service Provider | $65,489 | — | $65,489 |
| BNY MELLON | Other Service Provider | $60,003 | — | $60,003 |
| STEFANSKY, HOLLOWAY, & NICHOLS | Other Service Provider | $56,285 | — | $56,285 |
| UNITED ACTUARIAL SERVICES, INC. | Other Service Provider | $41,368 | — | $41,368 |
| NEWTON INVESTMENT MANAGEMENT | Other Service Provider | $35,000 | — | $35,000 |
| MACQUEEN AND ASSOCIATES, LLC | Other Service Provider | $26,264 | $3,831 | $30,095 |
| BULTYNCK & CO., P.L.L.C. | Other Service Provider | $24,815 | — | $24,815 |
| COMERICA BANK | Other Service Provider | $19,000 | $2,087 | $21,087 |
| BOYD WATTERSON ASSET MANAGEMENT | Other Service Provider | $10,000 | — | $10,000 |
| BLACKROCK INSTITUTIONAL TRUST CO | Other Service Provider | $6,481 | — | $6,481 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $954,451
- Estimated Expense Ratio: 0.502% 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 | $1,478,050 | $826,314 | $138,087 | $24,815 | — |
| 2023 | $1,300,894 | $792,795 | $137,847 | $46,709 | — |
| 2022 | $1,102,359 | $571,924 | $137,808 | — | $243,777 |