Plan Snapshot
- Plan Sponsor: Pipe & Refrigeration Fitters Local 537
- Sponsor EIN: 516030859
- Sponsor Address: 40 ENTERPRISE STREET, SUITE 463, DORCHESTER, MA, 021251638
- Plan Type: DB
- Plan Number: 001
- Total Participants: 2,372
- Total Assets: $962.4M
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 | 2,372 | $962.4M | $59.1M | $0 |
| 2023 | 2,310 | $901.7M | $53.6M | $0 |
| 2022 | 2,202 | $828.3M | $50.0M | $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 |
|---|---|---|---|---|
| BOSTON TRUST WALDEN | Other Service Provider | $1,070,873 | — | $1,070,873 |
| ABS INVESTMENT MANAGEMENT | Other Service Provider | $355,009 | — | $355,009 |
| ZIEGLER CAPITAL MANAGEMENT, LLC | Other Service Provider | $351,004 | — | $351,004 |
| BNY MELLON | Other Service Provider | $301,406 | — | $301,406 |
| BPEA STRATEGIC HEALTHCARE LP | Other Service Provider | $291,963 | — | $291,963 |
| 400 CAPITAL MANAGEMENT LLC | Other Service Provider | $291,662 | — | $291,662 |
| TITANIUM | Other Service Provider | $273,456 | — | $273,456 |
| DAVIDSON KEMPNER CAPITAL MANAGEMENT | Other Service Provider | $268,255 | — | $268,255 |
| RENAISSANCE INSTITUTIONAL EQUITIES | Other Service Provider | $209,879 | — | $209,879 |
| NEPC, LLC | Recordkeeper | $208,371 | — | $208,371 |
| INTERCONTINENTAL | Other Service Provider | $134,898 | — | $134,898 |
| SIGULER GUFF | Other Service Provider | $133,270 | — | $133,270 |
| SCHRODER INVESTMENT MANAGEMENT | Other Service Provider | $111,187 | — | $111,187 |
| ULLICO | Recordkeeper | $106,994 | — | $106,994 |
| MESIROW | Other Service Provider | $98,981 | — | $98,981 |
| LOOMIS SAYLES | Other Service Provider | $98,088 | — | $98,088 |
| CBIZ RETIREMENT PLAN SERVICES | Other Service Provider | $95,667 | — | $95,667 |
| SELECT EQUITY GROUP, LP | Other Service Provider | $90,092 | — | $90,092 |
| BRIDGEWAY TECHNOLOGIES | Other Service Provider | $83,314 | — | $83,314 |
| GROSVENOR CAPITAL MANAGEMENT LP | Other Service Provider | $76,157 | — | $76,157 |
| DOVER STREET X FEEDER FUND LP | Other Service Provider | $71,955 | — | $71,955 |
| JP MORGAN | Recordkeeper | $66,230 | — | $66,230 |
| EMPLOYEE F | Recordkeeper | $60,493 | — | $60,493 |
| MANZI & ASSOCIATES LLC | Other Service Provider | $57,996 | — | $57,996 |
| INVESTMENT PERFORMANCE SERVICES | Other Service Provider | $56,250 | — | $56,250 |
| KRAKOW & SOURIS | Other Service Provider | $55,175 | — | $55,175 |
| CRESCENT CAPITAL COLLECTIVE INV | Other Service Provider | $54,415 | — | $54,415 |
| RICHMOND CAPITAL MANAGEMENT | Other Service Provider | $44,254 | — | $44,254 |
| TERRACAP PARTNERS IV LP | Other Service Provider | $34,064 | — | $34,064 |
| DOVER STREET IX CAYMAN FUND L.P. | Other Service Provider | $33,378 | — | $33,378 |
| EMPLOYEE G | Recordkeeper | $27,171 | — | $27,171 |
| EMPLOYEE E | Recordkeeper | $27,003 | — | $27,003 |
| FRONTENAC XI PRIVATE CAPITAL | Other Service Provider | $25,358 | — | $25,358 |
| ENTRUST | Other Service Provider | $24,259 | — | $24,259 |
| EMPLOYEE C | Recordkeeper | $19,164 | — | $19,164 |
| EMPLOYEE B | Recordkeeper | $17,188 | — | $17,188 |
| NETWORK COVERAGE LLC | Other Service Provider | $17,031 | — | $17,031 |
| EMPLOYEE D | Recordkeeper | $11,627 | — | $11,627 |
| NOVAK FRANCELLA LLC | Auditor | $11,254 | — | $11,254 |
| JLS MAILING SERVICES | Other Service Provider | $10,547 | — | $10,547 |
| ASB CAPITAL MANAGEMENT | Other Service Provider | $10,429 | — | $10,429 |
| QUADIENT | Other Service Provider | $7,054 | — | $7,054 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NEPC, LLC — Recordkeeper
- ULLICO — Recordkeeper
- JP MORGAN — Recordkeeper
- EMPLOYEE F — Recordkeeper
- EMPLOYEE G — Recordkeeper
- EMPLOYEE E — Recordkeeper
- EMPLOYEE C — Recordkeeper
- EMPLOYEE B — Recordkeeper
- EMPLOYEE D — Recordkeeper
- NOVAK FRANCELLA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,392,821
- Estimated Expense Ratio: 0.560% 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 | $5,124,273 | $4,120,767 | — | $57,996 | — |
| 2023 | $4,025,033 | $3,111,772 | — | $58,578 | — |
| 2022 | $3,939,159 | $3,096,526 | — | — | — |