Plan Snapshot
- Plan Sponsor: Trustees Of Local 219 Pension Trust
- Sponsor EIN: 341374275
- Sponsor Address: 3660 STUTZ DR., SUITE 101, CANFIELD, OH, 44406
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 321
- Total Assets: $13.1M
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 | 321 | $13.1M | $5.1M | $476,961 |
| 2023 | 291 | $11.1M | $4.8M | $505,355 |
| 2022 | 296 | $9.7M | $4.4M | $550,728 |
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 |
|---|---|---|---|---|
| COMMUNITY INSURANCE COMPANY (G1728) | Other Service Provider | $122,370 | — | $122,370 |
| BENESYS, INC. | Other Service Provider | $85,207 | — | $85,207 |
| THE SEGAL COMPANY | Other Service Provider | $46,637 | — | $46,637 |
| CIUNI & PANICHI, INC. | Other Service Provider | $21,350 | — | $21,350 |
| CUNI, RUST & STRENK, INC. | Other Service Provider | $20,800 | — | $20,800 |
| FAULKNER, HOFFMAN & PHILLIPS, LLC. | Other Service Provider | $17,212 | — | $17,212 |
| ANCORA ADVISORS, LLC | Other Service Provider | $6,453 | — | $6,453 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $320,029
- Estimated Expense Ratio: 2.449% 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 | $478,839 | $9,257 | $85,207 | $21,350 | — |
| 2023 | $506,351 | $21,163 | $91,502 | $16,189 | — |
| 2022 | $393,980 | $24,432 | $84,560 | — | $71,692 |