Plan Snapshot
- Plan Sponsor: Trustees Of Minnesota Ceramic Tile And Allied Trades Retirement Fund
- Sponsor EIN: 416059404
- Sponsor Address: 2520 PILOT KNOB ROAD, SUITE 325, MENDOTA HEIGHTS, MN, 551201369
- Plan Type: DC
- Total Participants: 525
- Total Assets: $43.5M
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 | 525 | $43.5M | $1.5M | $0 |
| 2023 | 419 | $40.8M | $1.2M | $0 |
| 2022 | 582 | $38.2M | $1.4M | $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 |
|---|---|---|---|---|
| ZENITH AMERICAN SOLUTIONS, INC. | NONE | $57,911 | — | $57,911 |
| RBC WEALTH MANAGEMENT | NONE | $40,000 | — | $40,000 |
| MILLIMAN, INC | NONE | $39,358 | — | $39,358 |
| SHUMAKER LOOP & KENDRICK | NONE | $20,021 | — | $20,021 |
| LEGACY PROFESSIONALS LLP | NONE | $18,500 | — | $18,500 |
| MATRIX TRUST COMPANY | NONE | $13,825 | — | $13,825 |
| BAC SERVICE CORPORATION | NONE | $6,455 | — | $6,455 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC WEALTH MANAGEMENT — NONE
- MILLIMAN, INC — NONE
- LEGACY PROFESSIONALS LLP — NONE
- MATRIX TRUST COMPANY — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $196,070
- Estimated Expense Ratio: 0.451% 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 | $253,513 | $40,000 | $64,115 | $18,500 | — |
| 2023 | $272,675 | $57,053 | $95,866 | $17,750 | — |
| 2022 | $268,442 | $59,485 | $136,138 | — | $37,441 |