# Toledo Area Sheet Metal Workers Pension Plan Joint Board Of Trustee DB Plan
Source: https://planprovider.pro/companies/toledo-area-sheet-metal-workers-pension-plan-joint-board-of-trustee-346682530-001

> Toledo Area Sheet Metal Workers Pension Plan Joint Board Of Trustee's DB plan: 352 participants, plan year 2024 financials, providers, and benchmarks from Fo…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Toledo Area Sheet Metal Workers Pension Plan Joint Board Of Trustee

- **Sponsor EIN:** 346682530

- **Sponsor Address:** 700 TOWER DRIVE, SUITE 300, TROY, MI, 480982808

- **Plan Type:** DB

- **Plan Number:** 001

- **Total Participants:** 352

- **Total Assets:** $49.4M

## 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|352|$49.4M|$5.8M|$0|

| 2023|337|$46.6M|$5.5M|$0|

| 2022|325|$44.0M|$5.3M|$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|

| BENESYS, INC.|Other Service Provider|$70,508|—|$70,508|

| VANGUARD|Other Service Provider|$64,858|—|$64,858|

| HAMLIN CAPITAL MANAGEMENT|Other Service Provider|$43,700|—|$43,700|

| UNITED ACTUARIAL SERVICES, INC.|Other Service Provider|$42,500|—|$42,500|

| MORGAN STANLEY|Recordkeeper|$30,719|—|$30,719|

| BOYD WATTERSON ASSET MANAGEMENT|Other Service Provider|$30,298|—|$30,298|

| SHUMAKER, LOOP & KENDRICK LLP|Other Service Provider|$24,672|—|$24,672|

| REINHART PARTNERS, INC.|Other Service Provider|$20,435|—|$20,435|

| MACQUEEN INSURANCE GROUP|Other Service Provider|$18,649|—|$18,649|

| CLARK, SCHAEFER, HACKETT & CO.|Other Service Provider|$16,075|—|$16,075|

| ERNST & YOUNG US LLP|Auditor|$12,953|—|$12,953|

| SMW FRINGE BENEFIT FUNDS, INC.|Other Service Provider|$9,413|—|$9,413|

| AMERICAN GRAPHICS PRINTING CO.|Other Service Provider|$9,233|—|$9,233|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MORGAN STANLEY](https://planprovider.pro/provider/jp-morgan-asset-management) — Recordkeeper

- [ERNST & YOUNG US LLP](https://planprovider.pro/provider/ernst-and-young-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $394,013

- **Estimated Expense Ratio:** 0.798% 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|$459,731|$183,417|$75,217|$12,059|—|

| 2023|$429,987|$209,826|$74,385|$7,500|—|

| 2022|$491,852|$221,345|$73,567|—|$140,251|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/toledo-area-sheet-metal-workers-pension-plan-joint-board-of-trustee-346682530-001)

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