Plan Snapshot
- Plan Sponsor: Sheet Metal Workers Unions Local 24
- Sponsor EIN: 311484966
- Sponsor Address: 1440 KEMPER MEADOW DR., CINCINNATI, OH, 45240
- Plan Type: DC
- Plan Number: 001
- Total Participants: 436
- Total Assets: $60.7M
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. |
|---|---|---|---|---|
| 2024 | 436 | $60.7M | $3.2M | $0 |
| 2023 | 423 | $53.1M | $2.5M | $0 |
| 2022 | 416 | $44.9M | $2.3M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $66,398 | — | $66,398 |
| HORAN SECURITIES INC. | Other Service Provider | $28,043 | — | $28,043 |
| CLARK, SCHAEFER, HACKETT & CO. | Other Service Provider | $20,854 | — | $20,854 |
| LEDBETTER PARISI SOLLARS LLC | Other Service Provider | $16,317 | — | $16,317 |
| MACEY VENTURES LLC DBA | Other Service Provider | $10,595 | — | $10,595 |
| ARTHUR J. GALLAGHER | Investment Advisor | $6,053 | — | $6,053 |
| MURPHY INSURANCE AGENCY INC. | Other Service Provider | $5,948 | — | $5,948 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ARTHUR J. GALLAGHER — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $154,208
- Estimated Expense Ratio: 0.254% 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 | $90,909 | $34,096 | $16,843 | $20,854 | — |
| 2023 | $88,737 | $6,053 | $14,650 | $46,221 | — |
| 2022 | $61,021 | $14,923 | — | — | $41,333 |