Plan Snapshot
- Plan Sponsor: Board Of Trustees-Local 701 Retirement Savings Fund
- Sponsor EIN: 366455509
- Sponsor Address: 28600 BELLA VISTA PARKWAY, WARRENVILLE, IL, 60555
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1,734
- Total Assets: $418.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,734 | $418.6M | $16.6M | $534,303 |
| 2023 | 1,748 | $386.9M | $17.4M | $163,246 |
| 2022 | 1,746 | $341.2M | $16.3M | $91,764 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $120,058 | — | $120,058 |
| CALIBRE CPA GROUP PLLC | Auditor | $16,800 | — | $16,800 |
| MARQUETTE ASSOCIATES, INC. | Other Service Provider | $14,040 | — | $14,040 |
| HUNT INSURANCE AGENCY, INC | Other Service Provider | — | $7,595 | $7,595 |
| ARNOLD & KADJAN | Other Service Provider | $6,313 | — | $6,313 |
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: $164,806
- Estimated Expense Ratio: 0.039% 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 | $253,250 | $14,040 | — | $16,800 | — |
| 2023 | $277,532 | $14,040 | — | $16,800 | — |
| 2022 | $252,120 | $123,236 | — | — | $43,573 |