Plan Snapshot
- Plan Sponsor: Pipe Fitters Local Union 120 Pens. Fund
- Sponsor EIN: 346711591
- Sponsor Address: 6305 HALLE DRIVE, CLEVELAND, OH, 441254617
- Plan Type: DB
- Total Participants: 788
- Total Assets: $221.5M
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 | 788 | $221.5M | $13.8M | $0 |
| 2023 | 733 | $207.5M | $12.8M | $0 |
| 2022 | 671 | $194.5M | $12.4M | $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 |
|---|---|---|---|---|
| DREMAN VALUE MANAGEMENT, LLC | Other Service Provider | $132,336 | — | $132,336 |
| FOUNDRY PARTNERS | Other Service Provider | $128,617 | — | $128,617 |
| ULLICO | Other Service Provider | $114,193 | — | $114,193 |
| MESIROW FINANCIAL | Other Service Provider | $78,611 | — | $78,611 |
| LOOMIS SAYLES & COMPANY | Other Service Provider | $75,410 | — | $75,410 |
| RBC GLOBAL MANAGEMENT, INC. | Other Service Provider | $66,435 | — | $66,435 |
| ANDCO CONSULTING | Other Service Provider | $65,000 | — | $65,000 |
| TIFFANY CLARKE | EMPLOYEE | $64,037 | — | $64,037 |
| WELLS FARGO | Other Service Provider | $62,355 | — | $62,355 |
| THE SEGAL COMPANY | Other Service Provider | $56,667 | — | $56,667 |
| ANCORA | Other Service Provider | $40,019 | — | $40,019 |
| FAULKNER, HOFFMAN & PHILLIPS, LLC | Other Service Provider | $39,824 | — | $39,824 |
| PNC BANK | Other Service Provider | $36,723 | — | $36,723 |
| CIUNI & PANICHI | Other Service Provider | $28,028 | — | $28,028 |
| TAMMY LICHT | EMPLOYEE | $21,780 | — | $21,780 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC GLOBAL MANAGEMENT, INC. — Other Service Provider
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,010,035
- Estimated Expense Ratio: 0.456% 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 | $1,336,564 | $799,658 | — | $25,678 | — |
| 2023 | $1,266,473 | $786,760 | — | $25,676 | — |
| 2022 | $1,362,059 | $842,028 | — | — | $160,512 |