Plan Snapshot
- Plan Sponsor: Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution
- Sponsor EIN: 471959684
- Sponsor Address: 361 S FRONTAGE ROAD SUITE 100, BURR RIDGE, IL, 605276393
- Plan Type: 401(k)
- Total Participants: 4,321
- Total Assets: $82.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,321 | $82.9M | $1.6M | $9.5M |
| 2023 | 3,446 | $67.4M | $2.5M | $9.1M |
| 2022 | 3,663 | $48.6M | $2.2M | $8.3M |
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 |
|---|---|---|---|---|
| CALIBRE CPA GROUP, PLLC | Auditor | $5,000 | — | $5,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,000
- Estimated Expense Ratio: 0.006% 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 | $474,689 | $22,700 | $256,450 | $5,000 | — |
| 2023 | $428,775 | $22,500 | $258,604 | $5,000 | — |
| 2022 | $377,319 | $10,000 | $208,715 | — | $24,800 |