Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees Plumbers & Pipefitters Local 85 Retirement
- Sponsor EIN: 320478132
- Sponsor Address: 700 TOWER DRIVE, SUITE 300, TROY, MI, 48098
- Plan Type: DC
- Total Participants: 683
- Total Assets: $11.7M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 683 | $11.7M | $2.0M | $0 |
| 2023 | 629 | $8.9M | $1.6M | $0 |
| 2022 | 517 | $6.6M | $1.3M | $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 |
|---|---|---|---|---|
| NOVARA, TESIJA & CATENACCI, PLLC | NONE | $41,735 | — | $41,735 |
| EMPOWER TRUST COMPANY, LLC | NONE | $25,126 | — | $25,126 |
| MARQUETTE ASSOCIATES, INC. | NONE | $10,000 | — | $10,000 |
| BENESYS, INC. | NONE | $6,920 | — | $6,920 |
| REIMOLD PRINTING | NONE | $6,683 | — | $6,683 |
| BULTYNCK & CO., P.L.L.C. | Auditor | $5,074 | — | $5,074 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,538
- Estimated Expense Ratio: 0.818% 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 | $214,282 | $141,845 | $7,426 | $5,074 | — |
| 2023 | $191,246 | $134,745 | $6,050 | $9,891 | — |
| 2022 | $162,637 | $91,737 | $6,600 | — | $56,323 |