Plan Snapshot
- Plan Sponsor: Steelworkers Pension Trust
- Sponsor EIN: 236648508
- Sponsor Address: 60 BOULEVARD OF THE ALLIES STE 600, PITTSBURGH, PA, 152221239
- Plan Type: DB
- Total Participants: 43,601
- Total Assets: $7.2B
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 | 43,601 | $7.2B | $295.9M | $0 |
| 2023 | 46,104 | $6.6B | $295.8M | $0 |
| 2022 | 54,503 | $5.9B | $262.3M | $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 |
|---|---|---|---|---|
| BLACKSTONE TACTICAL OPP FUND IV LP | NONE | — | $8,692,819 | $8,692,819 |
| ZENITH AMERICAN SOLUTIONS | NONE | $2,980,545 | — | $2,980,545 |
| NORTHERN TRUST CO | NONE | $599,570 | $2,082,212 | $2,681,782 |
| JPMORGANCHASE BANK, NA REAL ESTATE | NONE | $2,253,805 | — | $2,253,805 |
| PEREGRINE CAPITAL MANAGEMENT | NONE | $1,924,862 | $294,020 | $2,218,882 |
| FRONTIER CAPITAL MANAGEMENT | NONE | $1,895,267 | — | $1,895,267 |
| EPOCH INVESTMENT PARTNERS | NONE | $1,852,613 | — | $1,852,613 |
| FRED ALGER MANAGEMENT | NONE | $1,593,609 | $66,175 | $1,659,784 |
| GLOBEFLEX CAPITAL, LP | NONE | $1,366,546 | $211,224 | $1,577,770 |
| WEDGE CAPITAL MANAGEMENT | NONE | $1,429,185 | $109,744 | $1,538,929 |
| GOLDMASN SACHS ASSET MANAGEMENT LP | NONE | — | $1,347,829 | $1,347,829 |
| LOOMIS SAYLES GROUP | NONE | $1,339,251 | — | $1,339,251 |
| SIGULER GUFF ADVISORS | NONE | $1,252,331 | — | $1,252,331 |
| ASF IX | NONE | $1,183,683 | — | $1,183,683 |
| MFS INSTITUTIONAL ADVISORS INC | NONE | $1,145,086 | — | $1,145,086 |
| LSV INT'L VALUE EQUITY TRUST | NONE | $1,093,051 | — | $1,093,051 |
| ASB ALLEGIANCE REAL ESTATE FUND | NONE | $971,714 | — | $971,714 |
| CHARTWELL INVESTMENT PARTNERS | NONE | $946,460 | $15,660 | $962,120 |
| SIERRA INVESTMENT PARTNERS | NONE | $674,115 | $286,191 | $960,306 |
| WTC CTF OPPORTUNISTIC FIXED INCOME | NONE | $870,629 | — | $870,629 |
| OAKTREE OPPORTUNITIES FUND IX LP | NONE | — | $653,551 | $653,551 |
| JPMORGAN INVESTMENT MANAGEMENT INC | NONE | $648,416 | — | $648,416 |
| LANER MUCHIN | NONE | $596,718 | — | $596,718 |
| BLACKSTONE TACTICAL OPP FUND II | NONE | — | $432,570 | $432,570 |
| METROPOLITAN WEST ASSET MANAGEMENT | NONE | $365,075 | — | $365,075 |
| AG CORE REALTY FUND IV LP | NONE | $354,952 | — | $354,952 |
| CHEIRON | NONE | $228,018 | — | $228,018 |
| CONSULTING GROUP MORGAN STANLEY, SM | NONE | $225,000 | — | $225,000 |
| KREISCHER MILLER | NONE | $182,450 | — | $182,450 |
| DANIEL BOSH | EMPLOYEE | $155,023 | — | $155,023 |
| TUCKER ARENSBURG | NONE | $146,785 | — | $146,785 |
| DEBORAH CHORBA | EMPLOYEE | $128,723 | — | $128,723 |
| DENNIS POWELL | EMPLOYEE | $124,650 | — | $124,650 |
| MICHELLE BONHAM | EMPLOYEE | $124,650 | — | $124,650 |
| SCANTEK | NONE | $86,207 | — | $86,207 |
| BNY MELLON | NONE | $73,135 | — | $73,135 |
| HAYLEY HOLZWORTH | EMPLOYEE | $67,507 | — | $67,507 |
| HBKIT LLC VERTILOCITY | NONE | $64,224 | — | $64,224 |
| CYNTHIA MENDOZA | EMPLOYEE | $59,052 | — | $59,052 |
| PAUL ROGERS | EMPLOYEE | $59,052 | — | $59,052 |
| STANFORD WHITE | EMPLOYEE | $59,052 | — | $59,052 |
| WANDA MURPHY | EMPLOYEE | $31,291 | — | $31,291 |
| KRAMER WARNER ASSOCIATES | NONE | — | $26,688 | $26,688 |
| AUTOMATED DATA PROCESSING | NONE | $9,496 | — | $9,496 |
| JOSHUA JASHINSKI | EMPLOYEE | $5,166 | — | $5,166 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JPMORGANCHASE BANK, NA REAL ESTATE — NONE
- GOLDMASN SACHS ASSET MANAGEMENT LP — NONE
- JPMORGAN INVESTMENT MANAGEMENT INC — NONE
- CONSULTING GROUP MORGAN STANLEY, SM — NONE
- KREISCHER MILLER — NONE
- TUCKER ARENSBURG — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,385,647
- Estimated Expense Ratio: 0.600% 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 | $34,111,719 | $23,591,058 | $3,120,025 | — | — |
| 2023 | $34,259,206 | $23,557,919 | $3,016,591 | — | — |
| 2022 | $35,031,539 | $23,985,380 | $2,940,260 | — | $889,149 |