Ohio › Professional, scientific and technical services › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2022 to 31 Dec 2022
Northwest Ohio Area Industries UAW Retirement Income Plan
Sponsored by Board of Trustees Northwest Ohio Area Industries UAW Retirement Inc., Holland, OH
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2022, Northwest Ohio Area Industries UAW Retirement Income Plan covered 1,285 participants and held $34.7M in net assets. The plan is a defined benefit pension plan sponsored by Board of Trustees Northwest Ohio Area Industries UAW Retirement Inc. of Holland, Ohio. It is a multiemployer plan, maintained under collective bargaining agreements with more than one employer.
Net assets came to $27,023 per participant, well below the $87,935 median for defined benefit plans with 1,000 to 4,999 participants and well below the $176,808 median for defined benefit plans in professional, scientific and technical services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $132K for the year ($1,321 per active participant) and benefits paid were $3.1M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 8 service provider organisations paid $5,000 or more, with reported compensation of $223K: $174 per participant, well below the same-size median of $325. Administrative expenses charged to the plan were $277K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $37.6M in 2009 to $34.7M in 2025 (down 8%), and participants from 1,906 to 1,285 (down 33%).
The independent accountant's opinion on the financial statements was unmodified (unqualified), from an audit whose scope was limited under ERISA section 103(a)(3)(C) to exclude investment information certified by a bank or insurer.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $27,023 | $87,935 | $176,808 | $86,221 |
| Employer contributions per active participant | $1,321 | $10,593 | $35,855 | $10,244 |
| Schedule C compensation per participant | $174 | $325 | $450 | $344 |
| Schedule C compensation, share of net assets | 0.64% | 0.41% | 0.30% | 0.42% |
| Administrative expenses per participant | $216 | $513 | $596 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 1,000 to 4,999 participants (1,540 plans), professional, scientific and technical services (277) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 1,285 | $34.7M | $27,023 | $132K | — | $223K |
| 2014 | 1,610 | $43.9M | $27,267 | $203K | — | $352K |
| 2013 | 1,638 | $44.7M | $27,311 | $308K | — | $413K |
| 2012 | 1,730 | $39.4M | $22,751 | $313K | — | $412K |
| 2011 | 1,785 | $37.7M | $21,096 | $412K | — | $473K |
| 2010 | 1,819 | $40.4M | $22,202 | $470K | — | $339K |
| 2009 | 1,906 | $37.6M | $19,703 | $599K | — | $368K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$45,974,475
- Employer contributions$132,094
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$132,094
- Total income, including investment results−$7,849,232
- Benefits paid$3,122,907
- Administrative expenses$277,380
- Total expenses$3,400,287
- Net income−$11,249,519
- Net transfers$0
- Net assets, end of year$34,724,956
Participants
- Active participants100
- Retired or separated, receiving benefits656
- Retired or separated, entitled to future benefits317
- Total participants, end of year1,285
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Cuni, Rust & Strenk, Inc. | Actuarial | $70,725 | $0 |
| Morgan Stanley-Smith Barney | Investment management | $40,000 | $0 |
| Cambair Investors LLC | Investment management | $23,767 | $0 |
| Allota Farley Co., Lpa | Legal | $23,720 | $0 |
| Clark, Schaefer, Hackett & Co. | Accounting (including auditing) | $22,150 | $0 |
| Key Bank | Trustee (directed) | $16,706 | $0 |
| Huntington Insurance, Inc. | Insurance agents and brokers; Insurance services | $15,809 | $0 |
| Sage Advisory Services | Investment management | $10,515 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Investment advisory and management fees$96,500
- Actuarial fees$52,074
- Other administrative expenses$50,027
- Contract administrator fees$42,218
- IQPA audit fees$22,150
- Legal fees$14,411
- Total administrative expenses$277,380
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Registered investment companies (mutual funds)$27.7M · 79.7%
- Corporate stocks$3.1M · 8.9%
- U.S. Government securities$1.7M · 5.0%
- Corporate debt instruments$1.2M · 3.4%
- Cash (interest and non-interest bearing)$682K · 2.0%
- Other investments$314K · 0.9%
- Receivables$51K · 0.1%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)Yes
- Accounting firmClark, Schaefer, Hackett & Co.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $500,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 541990: All Other Professional, Scientific, & Technical Services.
Similar plans in Ohio
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Jones Day Pension Plan | Jones Day | 1,624 | $368M | $226,328 |
| Taft Stettinius & Hollister LLP Retirement Plan for Partners | Taft Stettinius & Hollister LLP | 471 | $44.0M | $93,520 |
| Jones Day Qualified Defined Benefit Plan | Jones Day | 2,077 | $831M | $399,975 |
| Dinsmore & Shohl LLP Cash Balance Plan | Dinsmore & Shohl LLP | 272 | $23.7M | $87,254 |
| Pension Plan of the Pacific Northwest Laboratories Battelle Memorial Institute | Battelle Memorial Institute | 10,106 | $1.88B | $185,924 |
| Manley, Deas & Kochalski, LLC Cash Balance Plan | Manley, Deas & Kochalski, LLC | 251 | $4.8M | $19,037 |
Defined benefit plans in professional, scientific and technical services closest in size.
Questions and answers
How big is Northwest Ohio Area Industries UAW Retirement Income Plan?
1,285 participants at the end of the plan year ending 31 Dec 2022, of whom 100 were active employees, with net assets of $34,724,956. Among defined benefit plans that places it in the 1,000 to 4,999 participants band, which held 1,540 plans in plan year 2024.
What does Board of Trustees Northwest Ohio Area Industries UAW Retirement Inc. contribute per participant?
The filing reports $132,094 in employer contributions for the year, which is $1,321 per active participant; the median for plans of the same type and size was $10,593 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $223,392 in compensation to service provider organisations, $174 per participant or 0.64% of net assets. The same-size median among plans reporting any Schedule C compensation was $325 per participant. Administrative expenses on Schedule H were $277,380. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Board of Trustees Northwest Ohio Area Industries UAW Retirement Inc.. Investment advisory or management: Morgan Stanley-Smith Barney, Cambair Investors LLC and Sage Advisory Services. Trustee or custodian: Key Bank. The financial statements were audited by Clark, Schaefer, Hackett & Co.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion from a limited-scope audit, in which the accountant did not audit investment information certified by a bank or insurance company. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2022 to 31 Dec 2022, received by the Department of Labor on 8 Jun 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 34-4437724, plan 001, received 8 Jun 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.