Plan Snapshot
- Plan Sponsor: Steamfitters Industry Welfare Fund Board Of Trustees
- Sponsor EIN: 131545680
- Sponsor Address: 27-08 40TH AVENUE, 2ND FLOOR, LONG ISLAND CITY, NY, 111013725
- Plan Type: DC
- Total Participants: 32
- Total Assets: $18.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 32 | $18.8M | $579,501 | $0 |
| 2023 | 31 | $16.3M | $585,327 | $0 |
| 2022 | 33 | $13.7M | $578,811 | $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 |
|---|---|---|---|---|
| SEGAL MARCO ADVISORS | Other Service Provider | $5,000 | — | $5,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,000
- Estimated Expense Ratio: 0.027% 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 | $953,808 | — | — | — | — |
| 2023 | $590,413 | — | $30,231 | — | — |
| 2022 | $810,281 | — | $33,381 | — | — |