Plan Snapshot
- Plan Sponsor: Trustees Of District Council 82 Painting Industry Pension Plan
- Sponsor EIN: 900585687
- Sponsor Address: 3001 METRO DRIVE, SUITE 500, BLOOMINGTON, MN, 554251617
- Plan Type: DB
- Total Participants: 920
- Total Assets: $318.8M
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 | 920 | $318.8M | $14.3M | $0 |
| 2023 | 939 | $292.6M | $14.6M | $0 |
| 2022 | 984 | $266.4M | $14.9M | $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 |
|---|---|---|---|---|
| ZACKS INVESTMENT MANAGEMENT | Other Service Provider | $138,637 | — | $138,637 |
| WILSON-MCSHANE CORPORATION | Other Service Provider | $120,000 | — | $120,000 |
| UNION BANK & TRUST | ERISA Attorney | $112,359 | — | $112,359 |
| THE MCKEOGH COMPANY | Other Service Provider | $105,000 | — | $105,000 |
| MAIRS & POWER, INC. | Other Service Provider | $92,608 | — | $92,608 |
| MANNING & NAPIER | Recordkeeper | $88,461 | — | $88,461 |
| WHITESTAR ADVISORS, LLC | Other Service Provider | $82,910 | — | $82,910 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $80,754 | — | $80,754 |
| ASB CAPITAL MANAGEMENT, LLC | Other Service Provider | $79,086 | — | $79,086 |
| SHUMAKER, LOOP & KENDRICK, LLP | Other Service Provider | $68,656 | — | $68,656 |
| DEARBORN PARTNERS | Other Service Provider | $68,236 | — | $68,236 |
| STANDARD VALUATIONS, INC. | Other Service Provider | $60,467 | — | $60,467 |
| DEPRINCE, RACE, & ZOLLO, INC. | Other Service Provider | $60,350 | — | $60,350 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $35,045 | — | $35,045 |
| LEGACY PROFESSIONALS LLP | Auditor | $27,250 | — | $27,250 |
| BOYD WATTERSON | Other Service Provider | $15,902 | — | $15,902 |
| FR SECURE | Other Service Provider | $6,279 | — | $6,279 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UNION BANK & TRUST — ERISA Attorney
- MANNING & NAPIER — Recordkeeper
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,242,000
- Estimated Expense Ratio: 0.390% 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 | $1,374,367 | $802,456 | $81,000 | $27,250 | — |
| 2023 | $1,421,406 | $881,747 | $78,000 | $26,000 | — |
| 2022 | $1,522,676 | $1,072,847 | $75,000 | — | $258,943 |