Plan Snapshot
- Plan Sponsor: The Trustees Of Sheet Metal Workers' Local Union No 80 Annuity
- Sponsor EIN: 382941426
- Sponsor Address: 700 TOWER DRIVE, SUITE 300, TROY, MI, 480982808
- Plan Type: DC
- Total Participants: 1,676
- Total Assets: $129.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 1,676 | $129.5M | $0 | $0 |
| 2024 | 1,656 | $121.1M | $0 | $0 |
| 2023 | 1,542 | $105.1M | $0 | $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 |
|---|---|---|---|---|
| BENDA, GRACE, STULZ & COMPANY, P.C. | Auditor | $17,150 | — | $17,150 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,150
- Estimated Expense Ratio: 0.013% 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 |
|---|---|---|---|---|---|
| 2025 | $281,863 | $170,378 | $14,364 | $17,150 | — |
| 2024 | $278,861 | $69,999 | $14,364 | $16,500 | — |
| 2023 | $260,725 | $164,037 | $14,364 | — | $42,883 |