Plan Snapshot
- Plan Sponsor: The Board Of Trustees Of Plumbers And Pipefitters Of The Carolinas Def
- Sponsor EIN: 561442440
- Sponsor Address: 2010 NW 150TH AVENUE, SUITE 200, PEMBROKE PINES, FL, 33028
- Plan Type: DC
- Plan Number: 001
- Total Participants: 1,335
- Total Assets: $63.5M
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 | 1,335 | $63.5M | $7.3M | $0 |
| 2023 | 906 | $55.2M | $4.9M | $0 |
| 2022 | 1,094 | $50.5M | $4.4M | $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 |
|---|---|---|---|---|
| NATIONAL EMPLOYEE BENEFIT ADMIN | Other Service Provider | $110,234 | — | $110,234 |
| ATLANTA CAPITAL MANAGEMENT | Other Service Provider | $85,632 | — | $85,632 |
| U.S REAL STATE INVESTMENT FUND, LLC | Other Service Provider | $56,634 | — | $56,634 |
| LAPADULA CARLSON & CO | Other Service Provider | $56,132 | — | $56,132 |
| ARNALL, GOLDEN, GREGORY LPP | Other Service Provider | $50,732 | — | $50,732 |
| HARDMAN JOHNSTON GLOBAL ADVISORS | Other Service Provider | $40,984 | — | $40,984 |
| NEW TOWER TRUST CO | Other Service Provider | $37,854 | — | $37,854 |
| INVESTMENT PERFORMANCE SERVICES, LL | Other Service Provider | $26,667 | — | $26,667 |
| WEDGE CAPITAL MANAGEMENT LLP | Other Service Provider | $15,869 | — | $15,869 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $480,738
- Estimated Expense Ratio: 0.757% 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 | $596,396 | $315,790 | $100,239 | $56,132 | — |
| 2023 | $615,128 | $325,037 | $100,130 | $46,177 | — |
| 2022 | $700,265 | $379,095 | $98,603 | — | $86,802 |