Plan Snapshot
- Plan Sponsor: Jt Bd Of Trustees Sheet Metal Workers Local 214 Supplemental Welfare
- Sponsor EIN: 461757206
- Sponsor Address: 2041 BEAUMONT DR, BATON ROUGE, LA, 708061412
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 51
- Total Assets: $550,639
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 | 51 | $550,639 | $11,841 | $0 |
| 2023 | 192 | $600,436 | $12,983 | $0 |
| 2022 | 200 | $672,104 | $51,516 | $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 |
|---|---|---|---|---|
| TED SOILEU CPA LLC | Other Service Provider | $8,700 | — | $8,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,700
- Estimated Expense Ratio: 1.580% 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 | $19,559 | $2,678 | — | $8,700 | — |
| 2023 | $30,500 | $2,962 | $6,000 | $14,695 | — |
| 2022 | $50,162 | $3,672 | $28,398 | — | $15,403 |