Plan Snapshot
- Plan Sponsor: Plumbers & Steamfitters Local 565
- Sponsor EIN: 550615390
- Sponsor Address: PO BOX 1682, PARKERSBURG, WV, 26102
- Plan Type: DC
- Total Participants: 605
- Total Assets: $35.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 605 | $35.4M | $2.2M | $0 |
| 2023 | 594 | $32.0M | $1.8M | $0 |
| 2022 | 576 | $28.2M | $1.7M | $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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $62,069 | — | $62,069 |
| SUTTLE & STALNAKER PLLC | NONE | $19,425 | — | $19,425 |
| STANDARD VALUATIONS INC | NONE | $17,875 | — | $17,875 |
| UNION TRADES FEDERAL CREDIT UNION | NONE | $11,400 | — | $11,400 |
| THE TRAVELERS INDEMNITY COMPANY | NONE | $10,440 | — | $10,440 |
| JOHN F DASCOLI PLLC | NONE | $8,300 | — | $8,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- SUTTLE & STALNAKER PLLC — NONE
- JOHN F DASCOLI PLLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $129,509
- Estimated Expense Ratio: 0.365% 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 | $135,345 | $17,875 | $27,004 | $19,425 | — |
| 2023 | $131,923 | $70,633 | $10,450 | — | — |
| 2022 | $135,717 | $16,000 | — | — | $56,660 |