Plan Snapshot
- Plan Sponsor: Tuscaloosa Plumbers & Steamfitters Local 372 Pension Plan
- Sponsor EIN: 630267566
- Sponsor Address: 1717 OLD SHELL ROAD, MOBILE, AL, 36604
- Plan Type: DB
- Plan Number: 002
- Total Participants: 223
- Total Assets: $69.3M
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 | 223 | $69.3M | $2.9M | $0 |
| 2023 | 213 | $61.0M | $2.6M | $0 |
| 2022 | 215 | $53.0M | $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 |
|---|---|---|---|---|
| GULF STATES CONSULTANTS & ADMINISTR | Other Service Provider | $84,000 | — | $84,000 |
| BOYD WATTERSON | Other Service Provider | $69,689 | — | $69,689 |
| REYNOLDS CONSULTING | Other Service Provider | $31,500 | — | $31,500 |
| RBC GLOBAL ASSET MANAGEMENT | Recordkeeper | $29,297 | — | $29,297 |
| SOUTHERN ACTUARIAL SERVICES | Other Service Provider | $27,050 | — | $27,050 |
| WAY, RAY, SHELTON & CO., P.C. | Auditor | $23,000 | — | $23,000 |
| US REAL ESTATE INVESTMENT FUND, LLC | Other Service Provider | $18,766 | — | $18,766 |
| MACKAY SHIELDS, LLC | Other Service Provider | $15,932 | — | $15,932 |
| MASSMUTUAL | Other Service Provider | $13,935 | — | $13,935 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RBC GLOBAL ASSET MANAGEMENT — Recordkeeper
- WAY, RAY, SHELTON & CO., P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $313,169
- Estimated Expense Ratio: 0.452% 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 | $360,356 | $185,444 | — | $23,000 | — |
| 2023 | $315,501 | $160,207 | — | $23,000 | — |
| 2022 | $246,791 | $95,260 | — | — | $120,405 |