Plan Snapshot
- Plan Sponsor: Trustees Of Ironworkers-Laborers Pension Plan Of Cumberland, Md
- Sponsor EIN: 526067609
- Sponsor Address: 119 SOUTH CENTRE STREET ROOM 6, CUMBERLAND, MD, 21502
- Plan Type: DB
- Total Participants: 182
- Total Assets: $18.9M
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 | 182 | $18.9M | $3.4M | $0 |
| 2023 | 152 | $20.2M | $3.2M | $0 |
| 2022 | 160 | $21.5M | $2.7M | $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 |
|---|---|---|---|---|
| JOINT BOARD OF TRUSTEES OF IW L568 | Other Service Provider | $121,884 | — | $121,884 |
| BOLTON PARTNERS, INC. | Other Service Provider | $59,063 | — | $59,063 |
| BATOFF ASSOCIATES, P.A. | Other Service Provider | $46,976 | — | $46,976 |
| TURNBULL, HOOVER & KAHL, P.A. | Other Service Provider | $41,905 | — | $41,905 |
| STANDARD VALUATION | Other Service Provider | $35,675 | — | $35,675 |
| MANNING & NAPIER ADVISORS, LLC | Recordkeeper | $20,862 | — | $20,862 |
| FIFTH THIRD BANK RETIREMENT SERVICE | Other Service Provider | $19,401 | — | $19,401 |
| CHEVY CHASE TRUST COMPANY | Other Service Provider | $7,532 | — | $7,532 |
| ZACKS INVESTMENT MANAGEMENT | Other Service Provider | $5,553 | — | $5,553 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MANNING & NAPIER ADVISORS, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $358,851
- Estimated Expense Ratio: 1.903% 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 | $427,128 | $91,194 | — | $41,905 | — |
| 2023 | $476,845 | $97,483 | — | $42,285 | — |
| 2022 | $400,081 | $72,439 | — | — | $271,081 |