# Local Union 903 Pension Plan DB Plan
Source: https://planprovider.pro/companies/local-union-903-pension-plan-plan

> Local Union 903 Pension Plan&#39;s DB plan: 371 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|

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