Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees Cement Masons Pension Trust Fund-Detroit
- Sponsor EIN: 386242187
- Sponsor Address: 30700 TELEGRAPH ROAD, SUITE 2400, BINGHAM FARMS, MI, 480254524
- Plan Type: DB
- Plan Number: 001
- Total Participants: 571
- Total Assets: $108.3M
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 | 571 | $108.3M | $5.8M | $0 |
| 2023 | 573 | $101.2M | $6.6M | $0 |
| 2022 | 554 | $88.8M | $5.4M | $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 |
|---|---|---|---|---|
| TIC MIDWEST, LLC | Other Service Provider | $114,690 | — | $114,690 |
| STEFANSKY, HOLLOWAY, NICHOLS | Other Service Provider | $63,997 | — | $63,997 |
| COMERICA BANK | Other Service Provider | $54,740 | — | $54,740 |
| UNITED ACTUARIAL SERVICES | Other Service Provider | $39,333 | — | $39,333 |
| MORGAN STANLEY | Other Service Provider | $38,411 | — | $38,411 |
| BOSTON COMPANY | Other Service Provider | $36,439 | — | $36,439 |
| PIER CAPITAL | Other Service Provider | $35,824 | — | $35,824 |
| BRANDYWINE ASSET MANAGEMENT | Other Service Provider | $30,560 | — | $30,560 |
| CONGRESS ASSET MANAGEMENT CO. | Other Service Provider | $25,794 | — | $25,794 |
| NUVEEN ASSET MANAGEMENT | Other Service Provider | $24,780 | — | $24,780 |
| WATKINS PAWLICK CALATI & PRIFTI PC | Other Service Provider | $23,977 | — | $23,977 |
| BENDA, GRACE, STULZ & COMPANY, P.C. | Other Service Provider | $21,450 | — | $21,450 |
| EVALUATIONS CONSULTANTS, LLC | Other Service Provider | $6,445 | — | $6,445 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $516,440
- Estimated Expense Ratio: 0.477% 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 | $595,889 | $191,809 | $90,580 | $20,600 | — |
| 2023 | $514,286 | $177,466 | $89,419 | $19,850 | — |
| 2022 | $516,383 | $199,227 | $87,096 | — | $152,461 |