Plan Snapshot
- Plan Sponsor: Plumbers & Pipefitters Local 396 Security Plan Board Of Trustees
- Sponsor EIN: 346638626
- Sponsor Address: 3660 STUTZ DRIVE, SUITE 101, CANFIELD, OH, 44406
- Plan Type: DC
- Plan Number: 001
- Total Participants: 628
- Total Assets: $30.9M
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 | 628 | $30.9M | $2.8M | $0 |
| 2023 | 688 | $30.1M | $2.9M | $0 |
| 2022 | 2,190 | $26.2M | $3.5M | $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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SERVIC | Custodian / Trustee | $54,549 | — | $54,549 |
| MORGAN STANLEY | Investment Advisor | $45,000 | — | $45,000 |
| BENESYS, INC. | Recordkeeper | $38,648 | — | $38,648 |
| PLUMBERS LOCAL 396 COMBINED FUNDS | Other Service Provider | $13,062 | — | $13,062 |
| YURCHYK & DAVIS CPA'S INC | Auditor | $8,900 | — | $8,900 |
| FAULKNER, HOFFMAN & PHILLIPS | ERISA Attorney | $8,854 | — | $8,854 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $169,013
- Estimated Expense Ratio: 0.547% 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 | $286,275 | $45,000 | $38,459 | $8,900 | — |
| 2023 | $245,563 | $45,000 | $37,274 | $8,900 | — |
| 2022 | $241,590 | $65,421 | $36,540 | — | $66,480 |