Plan Snapshot
- Plan Sponsor: Pipe Fitters Local Union No. 120 Insurance Fund
- Sponsor EIN: 340747441
- Sponsor Address: 6305 HALLE DR., CLEVELAND, OH, 44125
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 818
- Total Assets: $34.4M
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 | 818 | $34.4M | $17.9M | $2.1M |
| 2023 | 781 | $30.3M | $16.0M | $2.2M |
| 2022 | 722 | $27.0M | $15.2M | $2.3M |
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 |
|---|---|---|---|---|
| MEDICAL MUTUAL OF OHIO | Other Service Provider | $420,855 | — | $420,855 |
| MARYBETH INMAN-DEMBINSKI | Other Service Provider | $78,639 | — | $78,639 |
| LAURA MARTIN | Other Service Provider | $75,972 | — | $75,972 |
| SHANNON MCDONOUGH | Other Service Provider | $66,677 | — | $66,677 |
| EMPLOYEE BENEFITS CONSULTANTS | Recordkeeper | $53,228 | — | $53,228 |
| FAULKNER, HOFFMAN, PHILLIPS, LLP. | Other Service Provider | $48,415 | — | $48,415 |
| TOTAL ADMINISTRATIVE SERVICES CORP | Other Service Provider | $41,272 | — | $41,272 |
| JBM COMPUTER CONSULTANTS, INC. | Other Service Provider | $37,822 | — | $37,822 |
| TAMMY LICHT | Other Service Provider | $34,663 | — | $34,663 |
| PNC BANK, NATIONAL ASSOCIATION | Other Service Provider | $30,762 | — | $30,762 |
| CIUNI & PANICHI, INC. | Other Service Provider | $27,425 | — | $27,425 |
| THE SEGAL COMPANY | Other Service Provider | $9,428 | — | $9,428 |
| ANDCO CONSULTING | Other Service Provider | $8,500 | — | $8,500 |
| EYEMED VISION | Other Service Provider | $6,859 | — | $6,859 |
| LORI SILLANPAA | Other Service Provider | $5,474 | — | $5,474 |
| JORDAN TALEVSKI | Other Service Provider | $5,405 | — | $5,405 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EMPLOYEE BENEFITS CONSULTANTS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $951,396
- Estimated Expense Ratio: 2.763% 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 | $1,353,914 | $39,199 | $522,214 | $23,891 | — |
| 2023 | $1,191,103 | $34,414 | $497,307 | $23,888 | — |
| 2022 | $1,146,070 | $25,984 | $457,744 | — | $104,226 |