Plan Snapshot
- Plan Sponsor: The Board Of Trustees Usw Industry 401k Fund
- Sponsor EIN: 621564649
- Sponsor Address: 1101 KERMIT DR, STE 800, NASHVILLE, TN, 37217
- Plan Type: 401(k)
- Total Participants: 8,869
- Total Assets: $398.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 8,869 | $398.2M | $9.1M | $12.4M |
| 2023 | 8,726 | $376.7M | $9.2M | $14.4M |
| 2022 | 8,460 | $341.8M | $8.4M | $12.4M |
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 |
|---|---|---|---|---|
| PACE INDUSTRY UNION-MGT. PENSION FU | SERVICE PROVIDER | $866,750 | — | $866,750 |
| LEGACY PROFESSIONALS LLP | SERVICE PROVIDER | $85,684 | — | $85,684 |
| BREDHOFF & KAISER, PLLC | SERVICE PROVIDER | $63,000 | — | $63,000 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORD KEEPER | $60,277 | — | $60,277 |
| USW INDUSTRY 401(K) PLAN | CONTRACT ADMINISTRATOR | $32,250 | — | $32,250 |
| CHERRY BEKAERT, LLP | SERVICE PROVIDER | $27,195 | — | $27,195 |
| MORGAN STANLEY | SERVICE PROVIDER | $26,250 | — | $26,250 |
| SEGAL SELECT INSURANCE SERVICES, IN | SERVICE PROVIDER | — | $8,436 | $8,436 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — SERVICE PROVIDER
- BREDHOFF & KAISER, PLLC — SERVICE PROVIDER
- MORGAN STANLEY — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,169,842
- Estimated Expense Ratio: 0.294% 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 | $961,165 | $35,000 | $652,101 | $119,524 | — |
| 2023 | $1,385,768 | $28,135 | $1,072,590 | $153,080 | — |
| 2022 | $517,404 | $15,000 | — | — | $196,979 |