Plan Snapshot
- Plan Sponsor: Board Of Trustees - Chicago Tile Institute Welfare Fund
- Sponsor EIN: 362325442
- Sponsor Address: 660 N. INDUSTRIAL DRIVE, SUITE 102, ELMHURST, IL, 60126
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 597
- Total Assets: $52.1M
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 | 597 | $52.1M | $13.3M | $867,652 |
| 2023 | 600 | $48.0M | $13.6M | $963,605 |
| 2022 | 647 | $44.0M | $12.3M | $1.1M |
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 |
|---|---|---|---|---|
| HEALTH CARE SERVICE CORPORATION | Other Service Provider | $302,015 | — | $302,015 |
| A. WYDRA | Recordkeeper | $151,430 | — | $151,430 |
| D. CARROLL | Other Service Provider | $128,233 | — | $128,233 |
| R. REMBLOS | Other Service Provider | $106,219 | — | $106,219 |
| R. ORTIZ | Other Service Provider | $80,654 | — | $80,654 |
| J. CAGLE | Other Service Provider | $78,652 | — | $78,652 |
| HOURGLASS TECHNOLOGIES | Other Service Provider | $58,407 | — | $58,407 |
| LABOR FIRST | Other Service Provider | — | $57,001 | $57,001 |
| TFBC LLC | Other Service Provider | $52,001 | — | $52,001 |
| VALENZ CARE | Other Service Provider | $50,519 | — | $50,519 |
| MARCO, MCGUIRE & ARREOLA LLC | Other Service Provider | $38,677 | — | $38,677 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $34,907 | — | $34,907 |
| LEGACY PROFESSIONALS | Auditor | $31,926 | — | $31,926 |
| AMERICAN REALTY ADVISORS | Other Service Provider | $20,144 | — | $20,144 |
| MIDWEST INSTITUTIONAL TRUST COMPANY | Other Service Provider | $19,198 | — | $19,198 |
| DELTA DENTAL OF ILLINOIS | Other Service Provider | $17,715 | — | $17,715 |
| ENVISION HEALTHCARE | Other Service Provider | $17,552 | — | $17,552 |
| MARQUETTE & ASSOCIATES | Other Service Provider | $15,416 | — | $15,416 |
| MACNELL ACCOUTING & CONSULTING | Other Service Provider | $7,012 | — | $7,012 |
| SAVRX | Other Service Provider | $6,899 | — | $6,899 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,274,577
- Estimated Expense Ratio: 2.446% 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 | $1,194,768 | $89,665 | — | $27,000 | — |
| 2023 | $1,162,245 | $87,287 | — | $25,500 | — |
| 2022 | $1,162,682 | $83,237 | — | — | $196,005 |