Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees Sheet Meta Workers Local 7, Zone 2 Pension
- Sponsor EIN: 381616942
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 489179275
- Plan Type: DB
- Total Participants: 381
- Total Assets: $121.5M
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 | 381 | $121.5M | $4.9M | $0 |
| 2023 | 371 | $107.8M | $4.7M | $0 |
| 2022 | 353 | $94.3M | $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 |
|---|---|---|---|---|
| ZACKS CAPITAL MANAGEMENT | NONE | $165,315 | — | $165,315 |
| WATKINS ROSS & COMPANY | NONE | $130,623 | — | $130,623 |
| MUNDER CAPITAL MANAGEMENT | NONE | $80,569 | — | $80,569 |
| YOUSIF CAPITAL MANAGEMENT | NONE | $54,450 | — | $54,450 |
| COMERICA BANK | NONE | $39,203 | — | $39,203 |
| DELTA CAPITAL MANAGEMENT, LLC | NONE | $37,941 | — | $37,941 |
| VARNUM ATTORNEY AT LAW | NONE | $36,767 | — | $36,767 |
| TIC MIDWEST | NONE | $34,317 | — | $34,317 |
| STANDARD VALUATION | NONE | $26,000 | — | $26,000 |
| BENDA, GRACE, STULZ & COMPANY, P.C. | Auditor | $20,600 | — | $20,600 |
| KEY BANK NATIONAL ASSOCIATION | NONE | $8,432 | — | $8,432 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MUNDER CAPITAL MANAGEMENT — NONE
- VARNUM ATTORNEY AT LAW — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $634,217
- Estimated Expense Ratio: 0.522% 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 | $690,512 | $372,707 | $24,501 | $20,600 | — |
| 2023 | $569,360 | $327,607 | $17,298 | $20,400 | — |
| 2022 | $547,030 | $337,841 | $17,071 | — | $139,408 |