Plan Snapshot
- Plan Sponsor: Sheet Metal Workers Local 85 Pension Fund
- Sponsor EIN: 586084968
- Sponsor Address: P.O. BOX 1449, GOODLETTSVILLE, TN, 370701449
- Plan Type: DB
- Total Participants: 1,160
- Total Assets: $187.3M
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 | 1,160 | $187.3M | $10.4M | $0 |
| 2023 | 1,055 | $167.2M | $9.6M | $0 |
| 2022 | 1,041 | $148.0M | $8.9M | $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 |
|---|---|---|---|---|
| ATLANTA CAPITAL MANAGEMENT | NONE | $313,125 | — | $313,125 |
| BARROW HANLEY MEWHINNEY & STRAUSS | NONE | $181,385 | — | $181,385 |
| LOOMIS SAYLES & COMPANY | NONE | $127,765 | — | $127,765 |
| SOUTHERN BENEFIT ADMINISTRATORS INC | NONE | $93,753 | — | $93,753 |
| ASB CAPITAL MANAGEMENT | NONE | $71,395 | — | $71,395 |
| UBS FINANCIAL SERVICES | NONE | $50,500 | — | $50,500 |
| HORIZON ACTUARIAL SERVICES | NONE | $47,170 | — | $47,170 |
| ARNALL GOLDEN GREGORY LLP | NONE | $33,938 | — | $33,938 |
| DANIELS, IRWIN & AYLOR | NONE | $21,125 | — | $21,125 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES — NONE
- DANIELS, IRWIN & AYLOR — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $940,156
- Estimated Expense Ratio: 0.502% 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 | $1,103,116 | $747,503 | $82,800 | $21,125 | — |
| 2023 | $943,425 | $612,563 | $78,000 | $21,425 | — |
| 2022 | $943,635 | $631,275 | $78,000 | — | $102,484 |