Plan Snapshot
- Plan Sponsor: Trustees Of Sheet Metal Workers Local 33 Pension Plan
- Sponsor EIN: 346514741
- Sponsor Address: 12515 CORPORATE DRIVE, PARMA, OH, 44130
- Plan Type: DB
- Plan Number: 001
- Total Participants: 457
- Total Assets: $200.3M
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 | 457 | $200.3M | $9.2M | $0 |
| 2023 | 472 | $187.3M | $8.6M | $0 |
| 2022 | 456 | $175.9M | $7.3M | $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 |
|---|---|---|---|---|
| SILCHESTER INTERNATIONAL INVESTORS | Other Service Provider | $277,518 | — | $277,518 |
| EAGLE CAPITAL MANAGEMENT | Investment Advisor | $161,073 | — | $161,073 |
| INCOME RESEARCH & MANAGEMENT | Other Service Provider | $121,269 | — | $121,269 |
| MERCER INVESTMENTS LLC | Investment Advisor | $95,349 | — | $95,349 |
| ARBOR CAPITAL MANAGEMENT | Other Service Provider | $77,646 | — | $77,646 |
| KAYNE ANDERSON RUDNICK INVESTMENT | Other Service Provider | $77,185 | — | $77,185 |
| KEYBANK TRUST | Other Service Provider | $70,964 | — | $70,964 |
| STONE HARBOR INVESTMENT PARTNERS | Other Service Provider | $68,347 | — | $68,347 |
| BENESYS, INC. | Other Service Provider | $65,315 | — | $65,315 |
| SEGAL CONSULTING | Other Service Provider | $63,690 | — | $63,690 |
| ALLOTTA FARLEY CO. LPA | Other Service Provider | $26,550 | — | $26,550 |
| CLARK, SCHAEFER, HACKETT & CO. | Other Service Provider | $25,500 | — | $25,500 |
| SMW FRINGE BENEFIT FUNDS, INC. | Other Service Provider | $12,847 | — | $12,847 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EAGLE CAPITAL MANAGEMENT — Investment Advisor
- MERCER INVESTMENTS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,143,253
- Estimated Expense Ratio: 0.571% 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 | $1,313,697 | $1,013,786 | $68,239 | $24,000 | — |
| 2023 | $1,253,307 | $927,556 | $64,767 | $19,500 | — |
| 2022 | $1,170,112 | $890,225 | $67,167 | — | $101,839 |