Plan Snapshot
- Plan Sponsor: Sheet Metal Workers Local 22 Annuity Fund
- Sponsor EIN: 227375195
- Sponsor Address: 700 SWENSON DRIVE, KENILWORTH, NJ, 07033
- Plan Type: DC
- Total Participants: 251
- Total Assets: $82.7M
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. |
|---|---|---|---|---|
| 2025 | 251 | $82.7M | $0 | $0 |
| 2024 | 241 | $77.6M | $0 | $0 |
| 2023 | 240 | $70.7M | $0 | $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 |
|---|---|---|---|---|
| MSPC CERTIFIED PUBLIC ACCOUNTANTS & | Auditor | $14,038 | — | $14,038 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC CERTIFIED PUBLIC ACCOUNTANTS & — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,038
- Estimated Expense Ratio: 0.017% 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 |
|---|---|---|---|---|---|
| 2025 | $435,368 | $314,040 | — | $14,038 | — |
| 2024 | $382,331 | $271,081 | — | $13,200 | — |
| 2023 | $365,270 | $231,906 | — | — | $16,613 |