Plan Snapshot
- Plan Sponsor: Joint Board Of Trustees - Sheet Metal Local 124
- Sponsor EIN: 736145795
- Sponsor Address: 3717 NW 63RD ST STE 100, OKLAHOMA CITY, OK, 73116
- Plan Type: DC
- Total Participants: 299
- Total Assets: $34.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 299 | $34.8M | $0 | $0 |
| 2023 | 278 | $32.6M | $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 |
|---|---|---|---|---|
| MORROW & CO. LLC CPAS | Auditor | $3,500 | — | $3,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,500
- Estimated Expense Ratio: 0.010% 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 | $142,919 | $57,045 | $26,034 | $3,500 | — |
| 2023 | $113,227 | $21,812 | $55,448 | — | $25,691 |