Plan Snapshot
- Plan Sponsor: Beer Industry - Local Union No. 703 Trustees
- Sponsor EIN: 366522619
- Sponsor Address: 18660 GRAPHIC DRIVE, TINLEY PARK, IL, 604776254
- Plan Type: DC
- Total Participants: 767
- Total Assets: $8.6M
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 | 767 | $8.6M | $329,681 | $0 |
| 2023 | 705 | $8.5M | $263,589 | $0 |
| 2022 | 674 | $8.0M | $246,718 | $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 |
|---|---|---|---|---|
| LEGACY PROFESSIONALS LLP | Auditor | $14,250 | — | $14,250 |
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: $14,250
- Estimated Expense Ratio: 0.165% 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 | $30,331 | $7,312 | — | $14,250 | — |
| 2023 | $23,692 | $5,913 | — | $13,500 | — |
| 2022 | $17,463 | $5,817 | — | — | $10,765 |