Plan Snapshot
- Plan Sponsor: Pipefitters Local Union No.537
- Sponsor EIN: 042760802
- Sponsor Address: 40 ENTERPRISE STREET, SUITE 463, DORCHESTER, MA, 021251638
- Plan Type: DC
- Total Participants: 3,374
- Total Assets: $784.5M
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. |
|---|---|---|---|---|
| 2025 | 3,374 | $784.5M | $0 | $0 |
| 2024 | 3,331 | $738.8M | $0 | $0 |
| 2023 | 3,231 | $661.7M | $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 |
|---|---|---|---|---|
| MANZI & ASSOCIATES | Auditor | $46,301 | — | $46,301 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,301
- Estimated Expense Ratio: 0.006% 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 |
|---|---|---|---|---|---|
| 2025 | $3,249,191 | $2,781,999 | — | $46,301 | — |
| 2024 | $2,703,178 | $2,227,743 | — | $44,676 | — |
| 2023 | $2,710,365 | $2,117,451 | — | — | $201,881 |