Plan Snapshot
- Plan Sponsor: Trustees - Sheet Metal Workers Local No. 177 Pension Fund
- Sponsor EIN: 626093256
- Sponsor Address: P.O. BOX 1449, GOODLETTSVILLE, TN, 370701449
- Plan Type: DB
- Total Participants: 712
- Total Assets: $75.6M
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 | 712 | $75.6M | $4.1M | $0 |
| 2023 | 646 | $69.6M | $3.8M | $0 |
| 2022 | 653 | $62.1M | $3.4M | $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 |
|---|---|---|---|---|
| MORGAN STANLEY | Recordkeeper | $208,452 | — | $208,452 |
| SOUTHERN BENEFIT ADMINISTRATORS | Other Service Provider | $102,986 | — | $102,986 |
| BLACKROCK | Other Service Provider | $40,580 | — | $40,580 |
| GREAT GRAY TRUST COMPANY, LLC | Other Service Provider | — | $30,127 | $30,127 |
| LAZARD INTERNATIONAL | Other Service Provider | $29,776 | — | $29,776 |
| POLEN CAPITAL | Other Service Provider | $29,064 | — | $29,064 |
| PACIFIC INCOME ADVISORS | Other Service Provider | $25,017 | — | $25,017 |
| ASB CAPITAL MANAGEMENT | Other Service Provider | $23,384 | — | $23,384 |
| DANIELS IRWIN & AYLOR | Auditor | $20,250 | — | $20,250 |
| SAGE ADVISORY SERVICES | Other Service Provider | $17,641 | — | $17,641 |
| KENNEDY CAPITAL | Other Service Provider | $10,642 | — | $10,642 |
| CONGRESS ASSET MANAGEMENT | Other Service Provider | $8,594 | — | $8,594 |
| EAGLE ASSET MANAGEMENT | Other Service Provider | $7,933 | — | $7,933 |
| KAYNE ANDERSON | Other Service Provider | $7,592 | — | $7,592 |
| INVESCO REAL ESTATE TRUST INC. | Other Service Provider | $6,750 | — | $6,750 |
| HARDING LOEVNER | Investment Advisor | $6,617 | — | $6,617 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Recordkeeper
- DANIELS IRWIN & AYLOR — Auditor
- HARDING LOEVNER — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $575,405
- Estimated Expense Ratio: 0.761% 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 | $660,749 | $422,268 | $70,200 | $20,250 | — |
| 2023 | $614,047 | $378,632 | $67,200 | $21,600 | — |
| 2022 | $591,955 | $369,385 | $67,200 | — | $27,310 |