Plan Snapshot
- Plan Sponsor: Painters Union Pension Fund Trustees
- Sponsor EIN: 386234363
- Sponsor Address: 26877 NORTHWESTERN HIGHWAY, SOUTHFIELD, MI, 480338431
- Plan Type: DB
- Plan Number: 001
- Total Participants: 740
- Total Assets: $203.5M
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 | 740 | $203.5M | $13.8M | $0 |
| 2023 | 757 | $191.7M | $15.5M | $0 |
| 2022 | 3,294 | $166.5M | $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 |
|---|---|---|---|---|
| GRAYSTONE CONSULTING (MSSB) | Other Service Provider | $553,853 | — | $553,853 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $179,843 | — | $179,843 |
| MDT ADVISOR MGMT | Other Service Provider | $146,692 | — | $146,692 |
| HORIZON ACTUARIAL SERVICES LLC | Other Service Provider | $135,052 | — | $135,052 |
| DAVID DUFFY CPA PLLC | Other Service Provider | $80,493 | — | $80,493 |
| FINKEL WHITEFIELD FELDMAN | Other Service Provider | $54,622 | — | $54,622 |
| SAGE ASSET MGMT | Other Service Provider | $46,357 | — | $46,357 |
| GREGORY KAZMIERSKI | Other Service Provider | $39,039 | — | $39,039 |
| MICHELLE M ZACNY | Other Service Provider | $29,048 | — | $29,048 |
| SEGAL SELECT INSURANCE SERVICES, IN | Other Service Provider | $14,518 | — | $14,518 |
| JP MORGAN | Other Service Provider | $5,205 | — | $5,205 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,284,722
- Estimated Expense Ratio: 0.631% 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 | $1,599,992 | $746,902 | — | $80,493 | — |
| 2023 | $1,480,141 | $630,333 | — | $38,413 | — |
| 2022 | $16,565,138 | $510,432 | — | $45,850 | — |