# Board Of Trustees-Ibew Local 701 Welfare Fund Health & Welfare Plan Source: https://planprovider.pro/companies/board-of-trustees-ibew-local-701-welfare-fund-362951116-501 > Board Of Trustees-Ibew Local 701 Welfare Fund's Health & Welfare plan: 1,224 participants, plan year 2024 financials, providers, and benchmarks from Form 550… Form 5500 filing data for plan year 2024. ## Plan Snapshot - **Plan Sponsor:** Board Of Trustees-Ibew Local 701 Welfare Fund - **Sponsor EIN:** 362951116 - **Sponsor Address:** 28600 BELLA VISTA PARKWAY, WARRENVILLE, IL, 60606 - **Plan Type:** Health & Welfare - **Plan Number:** 501 - **Total Participants:** 1,224 - **Total Assets:** $75.5M ## 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|1,224|$75.5M|$36.1M|$4.1M| | 2023|1,203|$75.6M|$35.0M|$4.1M| | 2022|1,113|$71.8M|$32.7M|$4.2M| ## 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| | MARATHON HEALTH LLC|Other Service Provider|$1,113,756|—|$1,113,756| | HEALTH CARE SERVICE CORPORATION|Other Service Provider|$807,039|—|$807,039| | UNION EYES|Other Service Provider|$622,532|—|$622,532| | SAV-RX PRESCRIPTION SERVICE|Other Service Provider|$162,158|—|$162,158| | TERRY MUSTO|Other Service Provider|$134,382|—|$134,382| | ASHLEY N. TREDER|Other Service Provider|$131,717|—|$131,717| | FOSTER & FOSTER, INC.|Other Service Provider|$119,934|—|$119,934| | BRIAN BENSON|Other Service Provider|$114,625|—|$114,625| | BRIDGEWAY BENEFIT TECHNOLOGIES|Other Service Provider|$103,264|—|$103,264| | MED-CARE MANAGEMENT|Other Service Provider|$101,033|—|$101,033| | RED-CARD SYSTEMS, LLC|Other Service Provider|$93,500|—|$93,500| | MATTHEW BANKS|Other Service Provider|$83,699|—|$83,699| | CYNTHIA POLSTER|Other Service Provider|$75,096|—|$75,096| | ARNOLD & KADJAN LLP|Other Service Provider|$62,602|—|$62,602| | DELTA DENTAL OF ILLINOIS|Other Service Provider|$52,326|—|$52,326| | NATIONAL INVESTMENT SERVICES, INC|Other Service Provider|$51,783|—|$51,783| | TOTAL ADMINISTRATIVE SERVICES CORP|Other Service Provider|$51,578|—|$51,578| | BMO HARRIS|Other Service Provider|$50,045|—|$50,045| | DIANA SABAL|Other Service Provider|$48,863|—|$48,863| | SARAH GARLINGER|Other Service Provider|$48,674|—|$48,674| | CHERYL MARTINEZ|Other Service Provider|$47,384|—|$47,384| | ASB CAPITAL MANAGEMENT, LLC|Other Service Provider|$40,656|—|$40,656| | ABSOLUTE SOLUTIONS|Other Service Provider|$39,726|—|$39,726| | KAREN RONANA|Other Service Provider|$31,271|—|$31,271| | CALIBRE CPA GROUP, PLLC|Auditor|$29,600|—|$29,600| | CANDICE DANIEL|Other Service Provider|$28,081|—|$28,081| | LEGACY PROFESSIONALS, LLP|Auditor|$23,757|—|$23,757| | LASALLE CONSULTING PARTNERS INC.|Other Service Provider|$23,483|—|$23,483| | MARQUETTE & ASSOCIATES|Other Service Provider|$15,600|—|$15,600| | RICHARD J WOLF & COMPANY INC.|Other Service Provider|$13,853|—|$13,853| | NATIONAL VISION ADMINISTRATORS, LLC|Other Service Provider|$12,607|—|$12,607| | ERIC J FERNANDEZ & CO|Auditor|$10,950|—|$10,950| | GREENBERG TRAURIG|ERISA Attorney|$7,100|—|$7,100| | GREGORIO STEC KLEIN AND HOSE|Other Service Provider|$5,278|—|$5,278| | MORGAN BIRGE AND ASSOCIATES|Other Service Provider|$5,044|—|$5,044| ### Verified Provider Profiles Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro: - [CALIBRE CPA GROUP, PLLC](https://planprovider.pro/provider/calibre-cpa-group-pllc) — Auditor - [LEGACY PROFESSIONALS, LLP](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor - [ERIC J FERNANDEZ & CO](https://planprovider.pro/provider/eric-j-fernandez-and-co) — Auditor - [GREENBERG TRAURIG](https://planprovider.pro/provider/greenberg-traurig) — ERISA Attorney ## Plan Fees & Expenses Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings. - **Total Service Provider Fees:** $4,362,996 - **Estimated Expense Ratio:** 5.778% 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|$1,894,767|$108,039|—|$29,600|—| | 2023|$1,814,199|$112,397|—|$29,650|—| | 2022|$1,638,594|$165,342|—|—|$354,691| ## Similar Plans - [Board Of Trustees Of Line Construction Benefit Fund](https://planprovider.pro/companies/board-of-trustees-of-line-construction-benefit-fund-366066988-501) — 65,981 participants - [Board Of Trustees Of Eca Chicago And Local Union 134 Ibew Pension Plan](https://planprovider.pro/companies/board-of-trustees-of-eca-chicago-and-local-union-134-ibew-pension-plan-516030753-005) — 25,412 participants - [Ibew Local 176 Supplemental Unemployment Benefit Fund](https://planprovider.pro/companies/ibew-local-176-supplemental-unemployment-benefit-fund-363936888-501) — 8,400 participants - [Board Of Trustees Of Eit Insurance Fund For Electrical Contractors](https://planprovider.pro/companies/board-of-trustees-of-eit-insurance-fund-for-electrical-contractors-361033970-501) — 7,141 participants - [Board Of Trustees Of Eca Chicago And Local Union 134 Ibew Pension Plan](https://planprovider.pro/companies/board-of-trustees-of-eca-chicago-and-local-union-134-ibew-pension-plan-516030753-002) — 7,099 participants - [Neca-Ibew Pension Trust Fund](https://planprovider.pro/companies/neca-ibew-pension-trust-fund-516029903-001) — 6,690 participants [View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-ibew-local-701-welfare-fund-362951116-501) © 2026 PlanProvider.Pro