Plan Snapshot
- Plan Sponsor: The Board Of Trustees Of The Union Individual Account Retirement Fund
- Sponsor EIN: 391318667
- Sponsor Address: 12034 W. ADLER LANE, MILWAUKEE, WI, 532141006
- Plan Type: DC
- Total Participants: 3,756
- Total Assets: $309.5M
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 | 3,756 | $309.5M | $24.2M | $561,584 |
| 2023 | 3,507 | $279.9M | $22.9M | $523,637 |
| 2022 | 3,203 | $249.0M | $23.1M | $449,846 |
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 |
|---|---|---|---|---|
| MILLIMAN | Recordkeeper | $212,467 | — | $212,467 |
| BENEFITS MANAGEMENT GROUP, INC. | Other Service Provider | $161,448 | — | $161,448 |
| ULLICO INVESTMENT ADVISORS INC | Other Service Provider | $155,916 | — | $155,916 |
| AMERICAN REALTY ADVISORS | Other Service Provider | $115,257 | — | $115,257 |
| REINHART BOERNER VAN DEUREN SC | ERISA Attorney | $90,848 | — | $90,848 |
| BENTALLGREENOAK | Other Service Provider | $87,521 | — | $87,521 |
| SEGALL BRYANT & HAMILL | Other Service Provider | $76,558 | — | $76,558 |
| IFM GLOBAL INFRASTRUCTURE, L.P. | Other Service Provider | $67,779 | — | $67,779 |
| INCOME RESEARCH & MANAGEMENT | Other Service Provider | $66,493 | — | $66,493 |
| MARQUETTE ASSOCIATES | Other Service Provider | $40,000 | — | $40,000 |
| MATRIX TRUST COMPANY | Recordkeeper | $32,676 | — | $32,676 |
| COMBINED CRAFTS STATEWIDE | Other Service Provider | $27,866 | — | $27,866 |
| SIKICH CPA LLC | Auditor | $24,380 | — | $24,380 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — Recordkeeper
- REINHART BOERNER VAN DEUREN SC — ERISA Attorney
- MATRIX TRUST COMPANY — Recordkeeper
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,159,209
- Estimated Expense Ratio: 0.375% 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 | $1,190,072 | $590,743 | $161,448 | $52,393 | — |
| 2023 | $1,178,784 | $639,066 | $158,292 | $50,220 | — |
| 2022 | $1,470,373 | $537,712 | $155,184 | — | $117,816 |