Plan Snapshot
- Plan Sponsor: Sheet Metal Workers' Union Lcl 33 Cleveland Dist - Health Benefits Fd
- Sponsor EIN: 346746427
- Sponsor Address: 12515 CORPORATE DRIVE, PARMA, OH, 44130
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 663
- Total Assets: $29.0M
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 | 663 | $29.0M | $10.0M | $1.4M |
| 2023 | 684 | $27.5M | $9.0M | $1.3M |
| 2022 | 624 | $25.7M | $8.8M | $1.3M |
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 |
|---|---|---|---|---|
| COMMUNITY INSURANCE COMPANY | Other Service Provider | $373,684 | — | $373,684 |
| BENESYS | Other Service Provider | $365,243 | — | $365,243 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | $65,500 | — | $65,500 |
| ALLOTTA, FARLEY CO., LPA | Other Service Provider | $38,460 | — | $38,460 |
| CLARK, SCHAEFER, HACKETT & CO. | Other Service Provider | $26,500 | — | $26,500 |
| IMPACT SOLUTIONS | Other Service Provider | $23,166 | — | $23,166 |
| WELLINGTON TRUST | Other Service Provider | $21,064 | — | $21,064 |
| AMERICAN GRAPHICS PRINTING CO. | Other Service Provider | $16,403 | — | $16,403 |
| SMW LOCAL 33 FRINGE BENEFIT FUND | Other Service Provider | $15,540 | — | $15,540 |
| MERCER HUMAN RESOURCES CONSULTING | Investment Advisor | $11,330 | — | $11,330 |
| DENTEMAX LLC | Other Service Provider | $9,866 | — | $9,866 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER HUMAN RESOURCES CONSULTING — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $966,756
- Estimated Expense Ratio: 3.329% 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 | $935,225 | $22,412 | $663,658 | $26,500 | — |
| 2023 | $828,643 | $25,340 | $590,173 | $313 | — |
| 2022 | $869,545 | $11,353 | $622,789 | — | $145,769 |