Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Automatic Sprinkler Local 281, U.A. Welfare Fund
- Sponsor EIN: 362242666
- Sponsor Address: 11900 SOUTH LARAMIE AVENUE, ALSIP, IL, 60803
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 985
- Total Assets: $55.5M
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 | 985 | $55.5M | $25.4M | $961,955 |
| 2023 | 971 | $49.9M | $24.7M | $994,539 |
| 2022 | 923 | $43.3M | $23.2M | $892,799 |
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 |
|---|---|---|---|---|
| BLUECROSS BLUESHIELD OF ILLINOIS | Other Service Provider | $520,196 | — | $520,196 |
| PAYDHEALTH LLC | Other Service Provider | $298,403 | — | $298,403 |
| TIM MORRIN | Recordkeeper | $263,821 | — | $263,821 |
| MAXORPLUS, LTD. | Other Service Provider | $181,783 | $28,140 | $209,923 |
| KELLY LAVKO | Other Service Provider | $190,202 | — | $190,202 |
| HINES & ASSOCIATES | Other Service Provider | $169,520 | — | $169,520 |
| CATHERINE HUMMER | Other Service Provider | $131,941 | — | $131,941 |
| INCLUDED HEALTH, INC. | Other Service Provider | $127,649 | — | $127,649 |
| ERICA VEUGELER | Other Service Provider | $121,511 | — | $121,511 |
| VIVEKA HEALTH, INC. | Other Service Provider | $117,694 | — | $117,694 |
| BYRNE SOFTWARE TECHNOLOGY | Other Service Provider | $112,396 | — | $112,396 |
| MARY MITCHELL | Other Service Provider | $103,029 | — | $103,029 |
| O'DONOGHUE & O'DONOGHUE | Other Service Provider | $92,853 | — | $92,853 |
| NATIONAL INVESTMENT SERVICES, INC. | Other Service Provider | $63,650 | — | $63,650 |
| UNITED ACTUARIAL SERVICES | Other Service Provider | $53,000 | — | $53,000 |
| LEGACY PROFESSIONALS LLP | Auditor | $51,151 | — | $51,151 |
| LASALLE CONSULTING PARTNERS | Other Service Provider | $48,969 | — | $48,969 |
| PIVOT HEALTH TECHNOLOGIES, INC. | Other Service Provider | $46,250 | — | $46,250 |
| SSDC SERVICES CORP. | Other Service Provider | $44,100 | — | $44,100 |
| HINGE HEALTH | Other Service Provider | $38,308 | — | $38,308 |
| WELLRITHMS | Other Service Provider | $34,326 | — | $34,326 |
| JOHNSON & KROL | Other Service Provider | $32,836 | — | $32,836 |
| STRATEGIC CAPITAL INVESTMENT ADVISO | Other Service Provider | $30,000 | — | $30,000 |
| EMPLOYEE RESOURCE SYSTEMS | Recordkeeper | $22,979 | — | $22,979 |
| ZELIS | Other Service Provider | $21,567 | $26 | $21,593 |
| ABSOLUTE SOLUTIONS, LLC | Other Service Provider | $20,533 | — | $20,533 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $15,537 | — | $15,537 |
| DATAMATION | Other Service Provider | $12,366 | — | $12,366 |
| EYEMED | Other Service Provider | $8,729 | — | $8,729 |
| WINDY CITY NETWORKS, INC. | Other Service Provider | $8,500 | — | $8,500 |
| EMPOWER HEALTH SERVICES | Other Service Provider | $8,037 | — | $8,037 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
- EMPLOYEE RESOURCE SYSTEMS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,020,002
- Estimated Expense Ratio: 5.441% 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 | $1,747,729 | $93,650 | — | $42,800 | — |
| 2023 | $1,578,746 | $84,355 | — | $40,798 | — |
| 2022 | $1,435,744 | $77,138 | — | — | $440,837 |