Plan Snapshot
- Plan Sponsor: Amalgamated Social Benefits Association
- Sponsor EIN: 361892420
- Sponsor Address: 333 SOUTH ASHLAND AVENUE, CHICAGO, IL, 60607
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 2,851
- Total Assets: $2.6M
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 | 2,851 | $2.6M | $2.0M | $0 |
| 2023 | 2,244 | $2.5M | $2.0M | $0 |
| 2022 | 2,169 | $2.9M | $2.0M | $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 |
|---|---|---|---|---|
| SIDNEY HILLMAN HEALTH CENTRE | Other Service Provider | $1,533,924 | — | $1,533,924 |
| SAVRX | Other Service Provider | $256,377 | — | $256,377 |
| LEGACY PROFESSIONALS LLP | Auditor | $37,410 | — | $37,410 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,827,711
- Estimated Expense Ratio: 69.347% 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 | $215,898 | — | — | $26,000 | — |
| 2023 | $254,377 | — | — | $25,500 | — |
| 2022 | $294,634 | — | — | — | $36,296 |