Plan Snapshot
- Plan Sponsor: Trustees Of Pressmen Welfare Fund
- Sponsor EIN: 237092745
- Sponsor Address: 911 RIDGEBROOK ROAD, SPARKS, MD, 21152
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 147
- Total Assets: $1.3M
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 | 147 | $1.3M | $1.6M | $0 |
| 2023 | 139 | $1.2M | $1.6M | $323,959 |
| 2022 | 141 | $1.3M | $1.4M | $227,169 |
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 |
|---|---|---|---|---|
| ASSOCIATED ADMINISTRATORS, LLC | Other Service Provider | $123,623 | — | $123,623 |
| O'DONOGHUE O'DONOGHUE | Other Service Provider | $54,768 | — | $54,768 |
| WITHUMSMITH+BROWN, P.C. | Auditor | $18,162 | — | $18,162 |
| THE MCKEOGH COMPANY | Other Service Provider | $8,500 | — | $8,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $205,053
- Estimated Expense Ratio: 16.205% 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 | $224,126 | — | $123,623 | $14,921 | — |
| 2023 | $182,845 | — | $120,020 | $14,569 | — |
| 2022 | $181,465 | — | $116,524 | — | $45,387 |