Plan Snapshot
- Plan Sponsor: Sheet Metal Workers Local 33 Supplemental Retiree Health Fund
- Sponsor EIN: 206576932
- Sponsor Address: 12515 CORPORATE DRIVE, PARMA, OH, 44130
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 202
- Total Assets: $2.2M
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 | 202 | $2.2M | $84,763 | $0 |
| 2023 | 161 | $2.1M | $78,523 | $0 |
| 2022 | 203 | $2.0M | $66,066 | $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 |
|---|---|---|---|---|
| CLARK, SCHAEFER, HACKETT & CO. | Other Service Provider | $12,500 | — | $12,500 |
| BENESYS, INC. | Other Service Provider | $8,595 | — | $8,595 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $7,902 | — | $7,902 |
| ALLOTTA FARLEY | Other Service Provider | $6,949 | — | $6,949 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,946
- Estimated Expense Ratio: 1.645% 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 | $41,480 | $8,575 | $8,536 | $12,500 | — |
| 2023 | $46,469 | $10,272 | $8,956 | $9,300 | — |
| 2022 | $49,711 | $13,118 | $7,902 | — | $22,017 |