Plan Snapshot
- Plan Sponsor: Trustees Of Ironworkers Local Union No. 402 Pension Fund
- Sponsor EIN: 596227518
- Sponsor Address: TWO GATEWAY CENTER, PITTSBURGH, PA, 152221004
- Plan Type: DB
- Plan Number: 001
- Total Participants: 103
- Total Assets: $15.4M
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 | 103 | $15.4M | $826,863 | $0 |
| 2023 | 106 | $16.1M | $929,196 | $0 |
| 2022 | 99 | $15.3M | $1.2M | $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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | Investment Advisor | $70,414 | — | $70,414 |
| ZENITH AMERICAN SOLUTIONS | Recordkeeper | $52,520 | — | $52,520 |
| BHA CONSULTING LLC | Actuary | $47,243 | — | $47,243 |
| STEVEN D EISENBERG CPA,P.A. | Auditor | $17,441 | — | $17,441 |
| MIERZWA AND FLOYD P.A. | ERISA Attorney | $11,858 | — | $11,858 |
| IRONWORKERS LOCAL #402 | Other Service Provider | $7,000 | — | $7,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — Investment Advisor
- MIERZWA AND FLOYD P.A. — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $206,476
- Estimated Expense Ratio: 1.339% 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 | $245,754 | $70,414 | $52,520 | $17,441 | — |
| 2023 | $256,317 | $66,355 | $56,520 | $20,707 | — |
| 2022 | $236,083 | $67,705 | $54,348 | — | $64,886 |