Plan Snapshot
- Plan Sponsor: Plasterers Local 1 Pension Plan
- Sponsor EIN: 316127284
- Sponsor Address: P.O. BOX 1298, MAUMEE, OH, 43537
- Plan Type: DB
- Plan Number: 001
- Total Participants: 46
- Total Assets: $13.9M
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 | 46 | $13.9M | $637,513 | $0 |
| 2023 | 44 | $13.7M | $676,880 | $0 |
| 2022 | 42 | $12.3M | $613,193 | $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 |
|---|---|---|---|---|
| LEDBETTER PARTNERS LLC | Other Service Provider | $50,582 | — | $50,582 |
| SHUMAKER, LOOP & KENDRICK, LLP | Other Service Provider | $37,726 | — | $37,726 |
| WEDGE CAPITAL MANAGEMENT LLP | Other Service Provider | $27,491 | — | $27,491 |
| CLARK, SCHAEFER, HACKETT & CO. | Other Service Provider | $26,700 | — | $26,700 |
| CUNI, RUST & STRENK | Other Service Provider | $25,387 | — | $25,387 |
| AMERICAN BENEFIT CORPORATION | Other Service Provider | $22,453 | — | $22,453 |
| US BANK | Other Service Provider | $19,254 | — | $19,254 |
| MARINER INSTITUTIONAL, LLC | Other Service Provider | $17,043 | — | $17,043 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | $13,154 | — | $13,154 |
| FRSECURE LLC | Other Service Provider | $5,220 | — | $5,220 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $245,010
- Estimated Expense Ratio: 1.759% 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 | $253,699 | $44,534 | $22,453 | $26,700 | — |
| 2023 | $198,816 | $36,447 | $26,705 | $29,560 | — |
| 2022 | $223,502 | $49,306 | $21,317 | — | $123,132 |