Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees, Operating Engineers Local 324, Dc
- Sponsor EIN: 383386104
- Sponsor Address: 5600 NEW KING DRIVE, SUITE 330, TROY, MI, 48098
- Plan Type: DC
- Total Participants: 8,349
- Total Assets: $247.8M
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. |
|---|---|---|---|---|
| 2025 | 8,349 | $247.8M | $0 | $0 |
| 2024 | 7,667 | $236.6M | $0 | $0 |
| 2023 | 7,464 | $221.4M | $0 | $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 |
|---|---|---|---|---|
| PLANTE & MORAN, PLLC | Auditor | $140,565 | — | $140,565 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $140,565
- Estimated Expense Ratio: 0.057% 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 |
|---|---|---|---|---|---|
| 2025 | $2,727,473 | $2,147,783 | $67,550 | $140,565 | — |
| 2024 | $1,848,164 | $1,248,833 | $65,000 | $119,850 | — |
| 2023 | $1,697,564 | $1,219,822 | $72,989 | — | $185,357 |