Plan Snapshot
- Plan Sponsor: Plumbers & Steamfitters Local Union 52
- Sponsor EIN: 237086384
- Sponsor Address: P.O. BOX 211105, MONTGOMERY, AL, 361211105
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 309
- Total Assets: $9.6M
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 | 309 | $9.6M | $4.8M | $234,893 |
| 2023 | 320 | $8.7M | $3.7M | $129,628 |
| 2022 | 360 | $8.9M | $4.4M | $113,259 |
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 |
|---|---|---|---|---|
| BLUE CROSS AND BLUE SHIELD OF ALABA | Other Service Provider | $289,135 | — | $289,135 |
| ONEDIGITAL | Investment Advisor | $52,400 | — | $52,400 |
| CARR, RIGGS & INGRAM, L.L.C. | Other Service Provider | $23,761 | — | $23,761 |
| PLUMBERS AND STEAMFITTERS LOCAL 52 | Other Service Provider | $23,333 | — | $23,333 |
| BENEFIT PLANS ADMIN. SERVICES, INC. | Other Service Provider | $6,695 | — | $6,695 |
| LOPER LAW | ERISA Attorney | $6,541 | — | $6,541 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $401,865
- Estimated Expense Ratio: 4.190% 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 | $151,216 | — | — | — | — |
| 2023 | $150,376 | — | — | — | — |
| 2022 | $78,682 | — | — | — | $32,589 |