Plan Snapshot
- Plan Sponsor: Trustees Of Sheet Metal Workers Local Union No. 80 Pension Fund
- Sponsor EIN: 386105633
- Sponsor Address: 700 TOWER DRIVE, TROY, MI, 48044
- Plan Type: DB
- Total Participants: 1,348
- Total Assets: $421.7M
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 | 1,348 | $421.7M | $0 | $0 |
| 2024 | 1,303 | $393.1M | $0 | $0 |
| 2023 | 1,202 | $345.9M | $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 |
|---|---|---|---|---|
| BENDA, GRACE, STULZ & COMPANY, P.C. | Auditor | $25,700 | — | $25,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,700
- Estimated Expense Ratio: 0.006% 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 | $2,531,601 | $1,626,099 | $170,436 | $25,700 | — |
| 2024 | $2,367,390 | $1,750,168 | $170,436 | $22,600 | — |
| 2023 | $2,141,013 | $1,531,367 | $170,436 | — | $230,632 |