Plan Snapshot
- Plan Sponsor: Board Of Trustees Chicago Area Ibt Severance And Retirement Trust Fund
- Sponsor EIN: 363296789
- Sponsor Address: 1333 BUTTERFIELD ROAD STE 110, DOWNERS GROVE, IL, 605155639
- Plan Type: DC
- Plan Number: 002
- Total Participants: 1,423
- Total Assets: $54.9M
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 | 1,423 | $54.9M | $3.3M | $0 |
| 2023 | 1,377 | $51.7M | $3.0M | $0 |
| 2022 | 1,277 | $50.3M | $2.5M | $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 |
|---|---|---|---|---|
| LEGACY PROFESSIONALS LLP | Auditor | $63,634 | — | $63,634 |
| LAURA CABALLERO | Other Service Provider | $60,703 | — | $60,703 |
| AMY HERTZ | Other Service Provider | $46,220 | — | $46,220 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $44,472 | — | $44,472 |
| DENISE LUKASZEWSKI | Other Service Provider | $44,349 | — | $44,349 |
| LANER MUCHIN | Other Service Provider | $40,504 | — | $40,504 |
| STRATEGIC CAPITAL | Other Service Provider | $30,000 | — | $30,000 |
| DOWD BLOCH & BENNETT | Other Service Provider | $29,513 | — | $29,513 |
| WASHINGTON CAPITAL | Other Service Provider | $19,056 | — | $19,056 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $15,613 | — | $15,613 |
| ASB CAPITAL MANAGEMENT | Other Service Provider | $14,173 | — | $14,173 |
| GALLAGHER | Other Service Provider | — | $5,114 | $5,114 |
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: $413,351
- Estimated Expense Ratio: 0.753% 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 | $553,658 | $107,701 | — | $46,650 | — |
| 2023 | $513,247 | $108,024 | — | $46,500 | — |
| 2022 | $485,720 | $110,503 | — | — | $142,340 |