Plan Snapshot
- Plan Sponsor: Maintenance Employees Teamsters Local 416 Pension
- Sponsor EIN: 516033958
- Sponsor Address: 707 BROOKPARK ROAD, CLEVELAND, OH, 44109
- Plan Type: DB
- Total Participants: 0
- Total Assets: $367,355
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 | 0 | $367,355 | $0 | $0 |
| 2023 | 0 | $382,060 | $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 |
|---|---|---|---|---|
| TRAMER AND BOLBACH, INC. | Auditor | $16,303 | — | $16,303 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRAMER AND BOLBACH, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,303
- Estimated Expense Ratio: 4.438% 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 | $113,686 | — | — | $16,303 | — |
| 2023 | $121,533 | — | — | — | $40,617 |