Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees Of The Drivers And Helpers Local No. 355
- Sponsor EIN: 526043608
- Sponsor Address: 1030 S. DUKELAND STREET, BALTIMORE, MD, 212233303
- Plan Type: DB
- Total Participants: 1,785
- Total Assets: $732.0M
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 | 1,785 | $732.0M | $34.0M | $0 |
| 2023 | 1,905 | $665.8M | $34.8M | $0 |
| 2022 | 2,130 | $607.4M | $34.9M | $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 |
|---|---|---|---|---|
| GREAT LAKES ADVISORS, LLC | Investment Advisor | $261,324 | — | $261,324 |
| GREAT GRAY TRUST COMPANY (AFL-CIO) | Investment Advisor | $261,324 | — | $261,324 |
| WEDGE CAPITAL MANAGEMENT | Investment Advisor | $259,848 | — | $259,848 |
| JANUS CAPITAL GROUP | Investment Advisor | $241,684 | — | $241,684 |
| AMERICAN REALTY ADVISORS | Investment Advisor | $239,165 | — | $239,165 |
| BENESYS, INC | Recordkeeper | $203,756 | — | $203,756 |
| NORTHERN TRUST | Investment Advisor | $150,305 | — | $150,305 |
| BENEFITS ADMINISTRATION, LLC | Recordkeeper | $149,472 | — | $149,472 |
| SEGALL BRYANT & HAMILL | Investment Advisor | $139,274 | — | $139,274 |
| AQR CAPITAL MANAGEMENT, LLC | Investment Advisor | $137,561 | — | $137,561 |
| MARCO CONSULTING GROUP | Investment Advisor | $135,000 | — | $135,000 |
| HAMILTON LANE ADVISORS, LLC | Investment Advisor | $132,626 | — | $132,626 |
| WELLINGTON TRUST COMPANY | Investment Advisor | $106,057 | — | $106,057 |
| BOLTON PARTNERS, INC. | Actuary | $88,343 | — | $88,343 |
| HARBOURVEST PARTNERS, LLC | Investment Advisor | $87,229 | — | $87,229 |
| PNC BANK, NATIONAL ASSOCIATION | Custodian / Trustee | $83,154 | — | $83,154 |
| BNY MELLON - IR&M | Investment Advisor | $61,191 | — | $61,191 |
| HCFL | Auditor | $53,515 | — | $53,515 |
| ABATO, RUBENSTEIN & ABATO | Other Service Provider | $32,607 | — | $32,607 |
| STATE STREET | Investment Advisor | $27,681 | — | $27,681 |
| SIGULER GUFF ADVISERS, LLC | Investment Advisor | $15,962 | — | $15,962 |
| AMALGAMATED BANK | Investment Advisor | $6,512 | — | $6,512 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,873,590
- Estimated Expense Ratio: 0.393% 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 | $2,894,093 | $2,076,138 | $353,228 | — | — |
| 2023 | $2,745,075 | $2,019,373 | $282,943 | — | — |
| 2022 | $2,898,018 | $2,158,138 | $282,943 | — | $207,998 |