Plan Snapshot
- Plan Sponsor: Trustees Of Painters Local Union 802
- Sponsor EIN: 516035231
- Sponsor Address: 2919 COMMERCE PARK DRIVE, FITCHBURG, WI, 53719
- Plan Type: DC
- Plan Number: 002
- Total Participants: 489
- Total Assets: $81.2M
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 | 489 | $81.2M | $4.2M | $0 |
| 2023 | 487 | $75.0M | $4.2M | $0 |
| 2022 | 501 | $68.7M | $3.9M | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Other Service Provider | $216,850 | — | $216,850 |
| UNITED ACTUARIAL SERVICES, INC. | Other Service Provider | $55,771 | — | $55,771 |
| BPA OF WI A BENESYS COMPANY | Other Service Provider | $48,493 | — | $48,493 |
| THE PREVIANT LAW FIRM, S.C. | Other Service Provider | $33,169 | — | $33,169 |
| PRINCIPAL GLOBAL INVESTORS, LLC | Investment Advisor | $32,015 | — | $32,015 |
| SIKICH LLP | Other Service Provider | $24,267 | — | $24,267 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $410,565
- Estimated Expense Ratio: 0.506% 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 | $482,670 | $248,865 | $48,493 | $24,267 | — |
| 2023 | $459,886 | $246,865 | $44,718 | $19,375 | — |
| 2022 | $416,000 | $245,761 | $40,757 | — | $77,944 |