Plan Snapshot
- Plan Sponsor: Beer Industry - Local Union No. 703 Pension Fund Trustees
- Sponsor EIN: 366522619
- Sponsor Address: 18660 GRAPHIC DRIVE, TINLEY PARK, IL, 604776254
- Plan Type: DB
- Total Participants: 719
- Total Assets: $124.8M
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 | 719 | $124.8M | $5.2M | $0 |
| 2023 | 681 | $118.4M | $4.8M | $0 |
| 2022 | 625 | $111.7M | $4.3M | $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 |
|---|---|---|---|---|
| SEGAL CONSULTING | NONE | $105,419 | — | $105,419 |
| S. REEVES | FUND ADMINISTRATOR | $97,785 | — | $97,785 |
| THE NORTHERN TRUST CO | NONE | $77,574 | — | $77,574 |
| ASHER GITTLER & D'ALBA LTD | NONE | $75,957 | — | $75,957 |
| T. WEYDEMAN | EMPLOYEE | $62,088 | — | $62,088 |
| SEGAL MARCO ADVISORS | NONE | $55,000 | — | $55,000 |
| BOYD WATTERSON ASSET MANAGMENT LLC | NONE | $50,579 | — | $50,579 |
| V. GONZALES | EMPLOYEE | $42,943 | — | $42,943 |
| LEGACY PROFESSIONALS LLP | NONE | $37,682 | — | $37,682 |
| R. BAKER | EMPLOYEE | $31,169 | — | $31,169 |
| PRUDENTIAL INSURANCE CO. | NONE | $26,390 | — | $26,390 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | NONE | $15,643 | — | $15,643 |
| LASALLE CONSULTING PARTNERS | NONE | $10,035 | — | $10,035 |
| AMALGAMATED BANK | NONE | $6,089 | — | $6,089 |
| SEGAL SELECT INSURANCE SERVICES | NONE | — | $5,469 | $5,469 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — NONE
- PRUDENTIAL INSURANCE CO. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $699,822
- Estimated Expense Ratio: 0.561% 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 | $861,050 | $147,000 | — | $28,018 | — |
| 2023 | $766,138 | $157,757 | — | $27,000 | — |
| 2022 | $794,718 | $236,742 | — | — | $152,339 |