Plan Snapshot
- Plan Sponsor: Trustees - U. A. Local Union No. 614 Pension Plan
- Sponsor EIN: 626085904
- Sponsor Address: 2001 CALDWELL DRIVE, GOODLETTSVILLE, TN, 37072
- Plan Type: DC
- Plan Number: 001
- Total Participants: 1,978
- Total Assets: $203.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,978 | $203.6M | $9.2M | $0 |
| 2023 | 1,609 | $195.6M | $9.8M | $0 |
| 2022 | 1,248 | $166.1M | $6.6M | $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 |
|---|---|---|---|---|
| HIGHLAND CAPITAL MANAGEMENT, LLC | Other Service Provider | $647,745 | — | $647,745 |
| UA LOCAL UNION NO 614 PENSION FUND | Other Service Provider | $467,084 | — | $467,084 |
| NOVARA TESIJA & CATENACCI, PLLC | Other Service Provider | $82,485 | — | $82,485 |
| SOUTHERN BENEFIT ADMINISTRATORS INC | Other Service Provider | $75,400 | — | $75,400 |
| REYNOLDS CONSULTING SERVICES | Other Service Provider | $52,369 | — | $52,369 |
| NEEDLES & ASSOICATES, LLC | Other Service Provider | $52,174 | — | $52,174 |
| REGIONS BANK | Other Service Provider | $8,608 | — | $8,608 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,385,865
- Estimated Expense Ratio: 0.681% 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 | $1,079,660 | $700,112 | $66,000 | $51,834 | — |
| 2023 | $990,517 | $576,218 | $66,000 | $39,381 | — |
| 2022 | $746,317 | $554,590 | $65,669 | — | $105,486 |