Plan Snapshot
- Plan Sponsor: Board Of Trustees Local No. 1 Suburban 401(K) Savings Plan
- Sponsor EIN: 843791959
- Sponsor Address: 1431 OPUS PLACE, DOWNERS GROVE, IL, 60515
- Plan Type: 401(k)
- Total Participants: 6,465
- Total Assets: $10.9M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 6,465 | $10.9M | $0 | $0 |
| 2024 | 4,390 | $7.9M | $0 | $0 |
| 2023 | 3,505 | $4.7M | $0 | $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 | $20,000 | — | $20,000 |
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: $20,000
- Estimated Expense Ratio: 0.183% 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 |
|---|---|---|---|---|---|
| 2025 | $378,673 | — | $248,480 | $20,000 | — |
| 2024 | $289,617 | — | $189,000 | $18,000 | — |
| 2023 | $274,326 | — | $180,000 | — | $55,329 |