Plan Snapshot
- Plan Sponsor: Trustees Of Painters&Allied Trades
- Sponsor EIN: 421495375
- Sponsor Address: 150 1ST AVE NE 450, CEDAR RAPIDS, IA, 52401
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 325
- Total Assets: $5.9M
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 | 325 | $5.9M | $3.7M | $52,970 |
| 2023 | 350 | $6.6M | $4.1M | $59,765 |
| 2022 | 357 | $7.3M | $4.2M | $33,492 |
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 |
|---|---|---|---|---|
| BENEFITS MANAGEMENT GROUP INC. | Other Service Provider | $167,400 | — | $167,400 |
| BRENDAN BERIGAN | Other Service Provider | $46,000 | — | $46,000 |
| KUTAK ROCK LLP | Other Service Provider | $39,808 | — | $39,808 |
| COMMUNITY STATE BANK | Other Service Provider | $27,768 | — | $27,768 |
| DEBOER & ASSOCIATES | Auditor | $24,500 | — | $24,500 |
| NEEDLES & ASSOCIATES, LLC | Other Service Provider | $8,918 | — | $8,918 |
| CEDAR RAPIDS BANK & TRUST | Other Service Provider | $5,397 | — | $5,397 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DEBOER & ASSOCIATES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $319,791
- Estimated Expense Ratio: 5.404% 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 | $346,823 | $21,586 | $167,400 | $24,500 | — |
| 2023 | $324,414 | $20,077 | $170,045 | $31,650 | — |
| 2022 | $292,450 | $19,316 | $167,400 | — | $77,094 |