Plan Snapshot
- Plan Sponsor: Roofers Local 149 Pension Fund
- Sponsor EIN: 381425819
- Sponsor Address: 700 TOWER DRIVE SUITE 300, TROY, MI, 480982808
- Plan Type: DB
- Plan Number: 001
- Total Participants: 1,102
- Total Assets: $334.2M
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 | 1,102 | $334.2M | $18.2M | $0 |
| 2023 | 1,106 | $315.6M | $18.8M | $0 |
| 2022 | 1,111 | $280.5M | $17.4M | $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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $356,243 | — | $356,243 |
| BENESYS INC | Other Service Provider | $251,073 | — | $251,073 |
| BARON CAPTIAL MANAGEMENT | Other Service Provider | $205,230 | — | $205,230 |
| CLEARBRIDGE INVESTMENT | Other Service Provider | $171,576 | — | $171,576 |
| HGK TRINITY | Other Service Provider | $164,712 | — | $164,712 |
| WCM INVESTMENT MANAGEMENT | Other Service Provider | $141,155 | — | $141,155 |
| WEDGE CAPTIAL MANAGEMENT | Other Service Provider | $83,808 | — | $83,808 |
| ARISTOTLE | Other Service Provider | $82,502 | — | $82,502 |
| BAHL & GAYNOR | Other Service Provider | $66,095 | — | $66,095 |
| COMERICA BANK | Other Service Provider | $65,222 | — | $65,222 |
| O'SULLIVAN ASSOCIATES INC | Other Service Provider | $56,682 | — | $56,682 |
| CAMBIAR INVESTMENTS | Other Service Provider | $51,625 | — | $51,625 |
| ASHER KELLY | Other Service Provider | $49,810 | — | $49,810 |
| EDGE ASSET MANAGEMENT | Other Service Provider | $44,852 | — | $44,852 |
| FRANKLIN TEMPLETON | Other Service Provider | $39,313 | — | $39,313 |
| DELAWARE CAPITAL MANAGEMENT | Other Service Provider | $33,538 | — | $33,538 |
| WRUBEL WESLEY & CO CPAS | Other Service Provider | $28,300 | — | $28,300 |
| IRON MOUNTAIN | Other Service Provider | $24,501 | — | $24,501 |
| ALLSPRING MANAGED ACCOUNTS | Other Service Provider | $17,686 | — | $17,686 |
| AMERICAN GRAPHICS PRINTING | Other Service Provider | $7,714 | — | $7,714 |
| COHEN AND STERN | Other Service Provider | $5,137 | — | $5,137 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,946,774
- Estimated Expense Ratio: 0.582% 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 | $2,120,547 | $1,479,118 | $239,365 | $28,300 | — |
| 2023 | $1,908,441 | $1,359,611 | $245,569 | $27,400 | — |
| 2022 | $1,756,625 | $1,187,363 | $244,236 | — | $119,729 |