Plan Snapshot
- Plan Sponsor: United Steelworkers Local 14614 Pension Trust Board Of Trustees
- Sponsor EIN: 550549322
- Sponsor Address: 230 LEXINGTON GREEN CIRCLE, LEXINGTON, KY, 40503
- Plan Type: DB
- Total Participants: 396
- Total Assets: $43.8M
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 | 396 | $43.8M | $3.1M | $0 |
| 2023 | 338 | $41.2M | $2.4M | $0 |
| 2022 | 274 | $39.3M | $1.5M | $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 SMITH BARNEY LLC | NONE | $133,246 | — | $133,246 |
| UMR | NONE | $39,958 | — | $39,958 |
| FRANK N HESTAND CPA PSC | NONE | $12,000 | — | $12,000 |
| OSBORNE CARRIERO & ASSOCIATES | NONE | $12,000 | — | $12,000 |
| GENESIS BENEFIT SOLUTIONS INC | NONE | $5,439 | — | $5,439 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY LLC — NONE
- FRANK N HESTAND CPA PSC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $202,643
- Estimated Expense Ratio: 0.463% 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 | $300,544 | $133,246 | $39,958 | $12,000 | — |
| 2023 | $293,627 | $135,287 | $38,464 | $12,381 | — |
| 2022 | $333,088 | $177,431 | $38,861 | — | $32,118 |