Plan Snapshot
- Plan Sponsor: Sheet Metal Workers Lo 194 Industrial Pension Fund
- Sponsor EIN: 232203610
- Sponsor Address: 485 DEVON PARK DR STE 102, WAYNE, PA, 190871840
- Plan Type: DB
- Total Participants: 92
- Total Assets: $3.9M
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 | 92 | $3.9M | $238,465 | $0 |
| 2023 | 90 | $3.6M | $222,033 | $0 |
| 2022 | 87 | $3.4M | $213,651 | $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 |
|---|---|---|---|---|
| ANTHONY M PONTARELLI CPA LLC | Auditor | $7,000 | — | $7,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,000
- Estimated Expense Ratio: 0.180% 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 | $84,236 | $33,609 | $10,800 | $7,000 | — |
| 2023 | $80,144 | $29,390 | $10,800 | $7,000 | — |
| 2022 | $79,030 | $29,527 | $10,800 | — | $22,500 |