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
- 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. |
|---|---|---|---|---|
| 2025 | 297 | $36.0M | $0 | $0 |
| 2024 | 198 | $31.0M | $0 | $0 |
| 2023 | 188 | $27.7M | $0 | $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 |
|---|---|---|---|---|
| LEGACY PROFESSIONALS LLP | Auditor | $8,400 | — | $8,400 |
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: $8,400
- Estimated Expense Ratio: 0.023% 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 |
|---|---|---|---|---|---|
| 2025 | $217,977 | $56,636 | $22,500 | $8,400 | — |
| 2024 | $239,495 | $87,737 | $22,500 | $8,400 | — |
| 2023 | $199,796 | $52,651 | $22,500 | — | $69,880 |