Plan Snapshot
- Plan Sponsor: Local Union 903 Pension Plan
- Sponsor EIN: 646151461
- Sponsor Address: 1717 OLD SHELL RD, MOBILE, AL, 366041323
- Plan Type: DB
- Total Participants: 371
- Total Assets: $72.8M
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 | 371 | $72.8M | $0 | $0 |
| 2023 | 389 | $59.7M | $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 |
|---|---|---|---|---|
| CRI ADVISORS, LLC | Auditor | $17,862 | — | $17,862 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,862
- Estimated Expense Ratio: 0.025% 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 | $509,557 | $331,594 | $72,000 | $17,862 | — |
| 2023 | $401,411 | $237,065 | $70,000 | — | $40,201 |