Plan Snapshot
- Plan Sponsor: Joint Board Plumbers & Pipefitters Local Union No. 333 Pension
- Sponsor EIN: 383545518
- Sponsor Address: 6525 CENTURION DRIVE, LANSING, MI, 48917
- Plan Type: DB
- Plan Number: 005
- Total Participants: 845
- Total Assets: $301.3M
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 | 845 | $301.3M | $18.0M | $0 |
| 2023 | 656 | $267.7M | $16.6M | $0 |
| 2022 | 659 | $232.0M | $13.1M | $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 |
|---|---|---|---|---|
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $110,998 | — | $110,998 |
| NOVARA LAW GROUP PLLC | Other Service Provider | $88,362 | — | $88,362 |
| UNITED ACTUARIAL SERVICES, INC. | Other Service Provider | $85,200 | — | $85,200 |
| STRATEGIC CAPITAL INVESTMENT ADVISO | Other Service Provider | $78,100 | — | $78,100 |
| TIC MIDWEST | Other Service Provider | $77,798 | — | $77,798 |
| STOCKBRIDGE NICHE LOGISTICS, LP | Other Service Provider | $49,184 | — | $49,184 |
| WASHINGTON CAPITAL MANAGEMENT | Other Service Provider | $46,081 | — | $46,081 |
| SMART MARKETS FUND, LP | Other Service Provider | $40,357 | — | $40,357 |
| MACQUEEN AND ASSOCIATES LLC | Other Service Provider | $33,659 | $5,049 | $38,708 |
| BULTYNCK & CO., P.L.L.C. | Other Service Provider | $29,850 | — | $29,850 |
| COMERICA BANK | Other Service Provider | $17,788 | $985 | $18,773 |
| STEFANSKY, HOLLOWAY & NICHOLS, INC. | Other Service Provider | $16,884 | — | $16,884 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $680,295
- Estimated Expense Ratio: 0.226% 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 | $793,284 | $380,965 | $72,642 | $48,606 | — |
| 2023 | $706,677 | $322,276 | $62,400 | $41,998 | — |
| 2022 | $618,317 | $264,227 | $62,400 | — | $198,729 |