Plan Snapshot
- Plan Sponsor: Trustees - Oklahoma Iron Workers Direct Contribution Plan And Trust
- Sponsor EIN: 736278639
- Sponsor Address: 1600 HIGHWAY 6 SOUTH, STE 340, SUGAR LAND, TX, 77478
- Plan Type: DC
- Plan Number: 001
- Total Participants: 4,449
- Total Assets: $44.4M
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 | 4,449 | $44.4M | $3.4M | $0 |
| 2023 | 4,388 | $41.5M | $2.7M | $0 |
| 2022 | 4,396 | $37.8M | $2.3M | $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 |
|---|---|---|---|---|
| MILLIMAN INC. | Recordkeeper | $101,556 | — | $101,556 |
| RBC WEALTH MANAGEMENT | Recordkeeper | $64,093 | — | $64,093 |
| NEEDLES & ASSOCIATES, LLC | Other Service Provider | $40,099 | — | $40,099 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $16,565 | — | $16,565 |
| MONAGHAN WARRICK KING | Other Service Provider | $8,186 | — | $8,186 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN INC. — Recordkeeper
- RBC WEALTH MANAGEMENT — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $230,499
- Estimated Expense Ratio: 0.520% 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 | $273,440 | $78,560 | $16,565 | $40,099 | — |
| 2023 | $422,598 | $31,500 | $14,850 | $26,775 | — |
| 2022 | $445,312 | $41,167 | $377,684 | — | $23,969 |