Plan Snapshot
- Plan Sponsor: Smw Union Local No. 24 Columbus
- Sponsor EIN: 311764742
- Sponsor Address: 9200 US ROUTE 60, ONA, WV, 25545
- Plan Type: DC
- Total Participants: 1,386
- Total Assets: $47.7M
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 | 1,386 | $47.7M | $6.7M | $0 |
| 2023 | 915 | $38.5M | $4.3M | $0 |
| 2022 | 776 | $30.7M | $4.2M | $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 |
|---|---|---|---|---|
| SHEET METAL WORKERS UNION LOCA NO 2 | CONTRACT ADMIN | $109,521 | — | $109,521 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $84,945 | — | $84,945 |
| GRAY, GRIFFITH, & MAYS, A.C. | Auditor | $10,900 | — | $10,900 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $205,366
- Estimated Expense Ratio: 0.431% 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 | $201,932 | $35,000 | $41,803 | $10,900 | — |
| 2023 | $141,365 | $33,935 | $64,216 | — | — |
| 2022 | $165,611 | $60,477 | $54,316 | — | $37,326 |