Plan Snapshot
- Plan Sponsor: Pipe Fitters Local Union No. 120
- Sponsor EIN: 237457119
- Sponsor Address: 6305 HALLE DRIVE, CLEVELAND, OH, 441254617
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 111
- Total Assets: $10.1M
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 | 111 | $10.1M | $353,143 | $0 |
| 2023 | 114 | $9.2M | $374,655 | $0 |
| 2022 | 156 | $8.3M | $472,405 | $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 |
|---|---|---|---|---|
| RACHAEL TIRPAK | Other Service Provider | $38,099 | — | $38,099 |
| CIUNI & PANICHI, INC. | Other Service Provider | $16,133 | — | $16,133 |
| THE SEGAL COMPANY | Other Service Provider | $11,917 | — | $11,917 |
| ANDCO CONSULTING | Other Service Provider | $6,000 | — | $6,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,149
- Estimated Expense Ratio: 0.717% 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 | $147,636 | $8,862 | — | $16,133 | — |
| 2023 | $146,059 | $10,571 | — | $17,673 | — |
| 2022 | $135,217 | $2,448 | — | — | $32,203 |