Plan Snapshot
- Plan Sponsor: Board Of Trustees Health And Welfare Trust Local No. 743
- Sponsor EIN: 366076696
- Sponsor Address: 20 N. MARTINGALE ROAD, SCHAUMBURG, IL, 60173
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 928
- Total Assets: $5.6M
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 | 928 | $5.6M | $6.9M | $16,632 |
| 2023 | 927 | $6.2M | $7.3M | $28,802 |
| 2022 | 1,004 | $6.0M | $7.3M | $55,709 |
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 |
|---|---|---|---|---|
| GROUP ADMINISTRATORS | Other Service Provider | $57,622 | — | $57,622 |
| SEGAL CONSULTING | Other Service Provider | $40,171 | — | $40,171 |
| CALIBRE CPA GROUP, PLLC | Auditor | $35,860 | — | $35,860 |
| SEGALL BRYANT & HAMILL | Other Service Provider | $26,418 | — | $26,418 |
| LANER MUCHIN, LTD | Other Service Provider | $16,579 | — | $16,579 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $10,740 | — | $10,740 |
| TEAMSTERS LOCAL NO. 743 UNION | Other Service Provider | $10,146 | — | $10,146 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $197,536
- Estimated Expense Ratio: 3.496% 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 | $221,864 | $26,418 | $57,622 | $26,550 | — |
| 2023 | $285,429 | $27,081 | $51,796 | $23,600 | — |
| 2022 | $300,104 | $29,646 | $51,000 | — | $181,639 |