Plan Snapshot
- Plan Sponsor: Teamsters Local Union 299
- Sponsor EIN: 380679250
- Sponsor Address: 2741 TRUMBULL AVENUE, DETROIT, MI, 48216
- Plan Type: 401(k)
- Total Participants: 316
- Total Assets: $7.9M
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 | 316 | $7.9M | $161,027 | $221,540 |
| 2023 | 367 | $7.4M | $137,178 | $236,024 |
| 2022 | 424 | $6.5M | $144,006 | $239,691 |
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 |
|---|---|---|---|---|
| LOTITO & LAZZARA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LOTITO & LAZZARA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $105,578 | $8,593 | — | — | — |
| 2023 | $92,559 | $8,593 | — | — | — |
| 2022 | $97,543 | $13,636 | — | — | $79,498 |