Plan Snapshot
- Plan Sponsor: Trustees - Mid-South Iron Workers Direct Contribution Fund
- Sponsor EIN: 721303411
- Sponsor Address: 1600 HIGHWAY 6 SOUTH, SUGAR LAND, TX, 77478
- Plan Type: DC
- Total Participants: 2,076
- Total Assets: $24.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,076 | $24.0M | $1.8M | $0 |
| 2023 | 1,972 | $21.2M | $1.9M | $0 |
| 2022 | 1,870 | $17.5M | $1.8M | $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 |
|---|---|---|---|---|
| NEEDLES & ASSOCIATES, LLC | Auditor | $25,091 | — | $25,091 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NEEDLES & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,091
- Estimated Expense Ratio: 0.104% 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 | $228,187 | — | $131,738 | $25,091 | — |
| 2023 | $200,865 | $29,395 | $131,618 | $17,679 | — |
| 2022 | $267,343 | $27,658 | $161,182 | — | $66,663 |