Plan Snapshot
- Plan Sponsor: Plumbers And Pipefitters Annuity Fund Local No. 520
- Sponsor EIN: 236489357
- Sponsor Address: 700 TOWER DRIVE, SUITE 300, TROY, MI, 48098
- Plan Type: DC
- Plan Number: 003
- Total Participants: 1,606
- Total Assets: $219.5M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,606 | $219.5M | $7.4M | $0 |
| 2023 | 1,639 | $204.7M | $8.0M | $0 |
| 2022 | 1,651 | $178.9M | $7.3M | $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 |
|---|---|---|---|---|
| BENEFIT PLAN ADMINISTRATIVE SERVICE | Recordkeeper | $117,875 | — | $117,875 |
| BENESYS, INC. | Other Service Provider | $65,286 | — | $65,286 |
| CAPTRUST FINANCIAL ADVISORS | Other Service Provider | $53,044 | — | $53,044 |
| ODONOGHUE & ODONOGHUE LLP | Other Service Provider | $25,567 | — | $25,567 |
| FISCHER DORWART, PC | Other Service Provider | $18,000 | — | $18,000 |
| KANG HAGGERTY & FETBROYT, LLC | Other Service Provider | $7,038 | — | $7,038 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFIT PLAN ADMINISTRATIVE SERVICE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $286,810
- Estimated Expense Ratio: 0.131% 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 | $315,310 | $53,044 | $65,286 | $18,000 | — |
| 2023 | $301,226 | $52,000 | $63,384 | $18,000 | — |
| 2022 | $304,529 | $173,380 | $61,540 | — | $40,736 |