Plan Snapshot
- Plan Sponsor: Plumbers & Steamfitter Local 83
- Sponsor EIN: 550463652
- Sponsor Address: 232 WISE ROAD, HARMONY, PA, 16037
- Plan Type: DB
- Total Participants: 275
- Total Assets: $55.1M
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 | 275 | $55.1M | $2.4M | $0 |
| 2023 | 252 | $49.6M | $2.8M | $0 |
| 2022 | 250 | $45.7M | $2.4M | $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 |
|---|---|---|---|---|
| MCELHANEY & ASSOCIATES, LLC | Auditor | $27,500 | — | $27,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,500
- Estimated Expense Ratio: 0.050% 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 | $438,646 | $221,265 | $89,966 | $27,500 | — |
| 2023 | $416,214 | $203,870 | $91,249 | $25,000 | — |
| 2022 | $423,074 | $226,992 | $91,114 | — | $60,946 |