Plan Snapshot
- Plan Sponsor: Bd Of Trustees Local 705 I.B. Of T. Pension Trust Fund
- Sponsor EIN: 366492502
- Sponsor Address: 1645 W. JACKSON BLVD., 7TH FLOOR, CHICAGO, IL, 60612
- Plan Type: DB
- Total Participants: 5,166
- Total Assets: $1.9B
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 | 5,166 | $1.9B | $169.8M | $0 |
| 2023 | 5,346 | $1.7B | $171.8M | $0 |
| 2022 | 5,722 | $1.6B | $174.5M | $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 |
|---|---|---|---|---|
| J.P. MORGAN | Investment Advisor | $2,110,662 | — | $2,110,662 |
| SIERRA INVESTMENT PARTNERS, INC. | Other Service Provider | $2,025,601 | — | $2,025,601 |
| LSV ASSET MANAGEMENT | Other Service Provider | $1,388,119 | — | $1,388,119 |
| MIDWEST INSTITUTIONAL TRUST | Other Service Provider | $491,903 | — | $491,903 |
| WEDGE CAPITAL MANAGEMENT | Other Service Provider | $487,715 | — | $487,715 |
| RREEF MANAGEMENT LLC | Other Service Provider | $427,618 | — | $427,618 |
| LOOMIS SAYLES CORE PLUS | Other Service Provider | $320,309 | — | $320,309 |
| PARAMETRIC DEFENSE EQUITY FUND LLC | Other Service Provider | $277,963 | — | $277,963 |
| BOSTON TRUST & INVESTMENT MGMT CO. | Other Service Provider | $263,196 | — | $263,196 |
| PEDERSEN & HOUPT | Other Service Provider | $249,221 | — | $249,221 |
| ALLIANT INSURANCE SERVICE | Other Service Provider | $244,723 | — | $244,723 |
| THE SEGAL CO. | Other Service Provider | $212,017 | — | $212,017 |
| W. JORDAN | Other Service Provider | $188,512 | — | $188,512 |
| E. KUZNIAR | Other Service Provider | $164,720 | — | $164,720 |
| MARQUETTE ASSOCIATES, INC | Other Service Provider | $160,000 | — | $160,000 |
| R. SANDOVAL | Other Service Provider | $157,332 | — | $157,332 |
| B. MULLANE | Other Service Provider | $153,429 | — | $153,429 |
| A. WOJCIECHOWSKI | Recordkeeper | $146,726 | — | $146,726 |
| F. SANCHEZ | Other Service Provider | $140,282 | — | $140,282 |
| GLOBAL TRUST COMPANY | Other Service Provider | $139,104 | — | $139,104 |
| L. MITCHELL | Other Service Provider | $136,064 | — | $136,064 |
| BRIDGEWAY BENEFIT TECHNOLOGIES, LLC | Other Service Provider | $126,033 | — | $126,033 |
| E. CAMPOS | Other Service Provider | $119,103 | — | $119,103 |
| A. MCCLURE | Other Service Provider | $103,478 | — | $103,478 |
| SHARI HEMBREE | Other Service Provider | $102,142 | — | $102,142 |
| J. WITT | Recordkeeper | $91,677 | — | $91,677 |
| VICTORY INCOME INVESTORS CORE PLUS | Other Service Provider | $89,609 | — | $89,609 |
| L. PALMSONE | Other Service Provider | $86,276 | — | $86,276 |
| J. TISBY | Other Service Provider | $69,595 | — | $69,595 |
| BAUM SIGMAN AUERBACH & NEUMAN, LTD. | Other Service Provider | $64,438 | — | $64,438 |
| C. BOGGS | Other Service Provider | $60,877 | — | $60,877 |
| SAMANTHA HEMBREE | Other Service Provider | $56,185 | — | $56,185 |
| GRAFF, BLANSKI & KIM, P.C. | Auditor | $49,670 | — | $49,670 |
| ZELIS PAYMENTS HOLDINGS | Other Service Provider | $39,530 | — | $39,530 |
| MESIROW INSURANCE SERVICE, INC | Other Service Provider | — | $37,325 | $37,325 |
| A. FOREN | Other Service Provider | $23,520 | — | $23,520 |
| BLACKROCK | Other Service Provider | $22,408 | — | $22,408 |
| SCHIELE GRAPHICS, INC | Other Service Provider | $14,987 | — | $14,987 |
| PIPER SANDLER | Other Service Provider | $13,690 | — | $13,690 |
| DATALYNX SPENGLER | Other Service Provider | $12,855 | — | $12,855 |
| JP MORGAN CLEARING CORP | Other Service Provider | $11,179 | — | $11,179 |
| L.VANESSA | Other Service Provider | $10,875 | — | $10,875 |
| GOLDMAN SACHS & CO | Other Service Provider | $9,786 | — | $9,786 |
| DIRECT TRADING INSTITUTIONAL INC | Other Service Provider | $9,665 | — | $9,665 |
| INSTINET | Other Service Provider | $9,382 | — | $9,382 |
| J. NORRIS | Other Service Provider | $9,267 | — | $9,267 |
| KELLY APPRAISAL CONSULTANTS INC | Other Service Provider | $6,500 | — | $6,500 |
| CANTOR FITZGERALD & CO | Other Service Provider | $6,110 | — | $6,110 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- J.P. MORGAN — Investment Advisor
- GRAFF, BLANSKI & KIM, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,141,378
- Estimated Expense Ratio: 0.588% 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 | $13,986,738 | $10,090,235 | — | — | — |
| 2023 | $9,653,039 | $6,417,802 | — | — | — |
| 2022 | $9,457,201 | $6,244,988 | — | — | $336,586 |