Plan Snapshot
- Plan Sponsor: Trustees Of Sheet Metal Workers Local #20 South Bend Area Pension Fund
- Sponsor EIN: 356054275
- Sponsor Address: 2605 SOUTH MAIN STREET, SOUTH BEND, IN, 46614
- Plan Type: DB
- Plan Number: 001
- Total Participants: 297
- Total Assets: $36.0M
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 | 297 | $36.0M | $4.4M | $0 |
| 2023 | 198 | $31.0M | $3.0M | $0 |
| 2022 | 188 | $27.7M | $2.7M | $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 |
|---|---|---|---|---|
| CHEIRON | Other Service Provider | $50,310 | — | $50,310 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | $26,129 | — | $26,129 |
| LEDBETTER PARTNERS LLC | Other Service Provider | $22,845 | — | $22,845 |
| HEALTHSCOPE BENEFITS | Other Service Provider | $22,500 | — | $22,500 |
| MARINER | Other Service Provider | $20,000 | — | $20,000 |
| RMB CAPITAL MANAGEMENT, LLC | Other Service Provider | $14,889 | — | $14,889 |
| AMALGAMATED BANK | Other Service Provider | $10,343 | — | $10,343 |
| LEGACY PROFESSIONALS LLP | Auditor | $8,400 | — | $8,400 |
| CHEVY CHASE TRUST INV ADVISOR | Other Service Provider | $5,895 | — | $5,895 |
| LYRICAL PARTNERS | Other Service Provider | $5,509 | — | $5,509 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $186,820
- Estimated Expense Ratio: 0.519% 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 | $217,977 | $56,636 | $22,500 | $8,400 | — |
| 2023 | $239,495 | $87,737 | $22,500 | $8,400 | — |
| 2022 | $199,796 | $52,651 | $22,500 | — | $69,880 |