Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Chicago Area Ib Of T Health & Welfare Fund
- Sponsor EIN: 362187389
- Sponsor Address: 1333 BUTTERFIELD ROAD STE 110, DOWNERS GROVE, IL, 60515
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,462
- Total Assets: $106.1M
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 | 1,462 | $106.1M | $20.9M | $114,537 |
| 2023 | 1,435 | $96.1M | $19.5M | $103,876 |
| 2022 | 1,386 | $92.1M | $19.0M | $76,472 |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD | Other Service Provider | $625,438 | — | $625,438 |
| DEIDRE JACKSON | Other Service Provider | $141,877 | — | $141,877 |
| THE SEGAL COMPANY | Other Service Provider | $132,274 | — | $132,274 |
| LANER MUCHIN | Other Service Provider | $112,611 | — | $112,611 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $103,741 | — | $103,741 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $96,792 | — | $96,792 |
| EMMA REINKE | Other Service Provider | $95,614 | — | $95,614 |
| LAURA CABALLERO | Other Service Provider | $93,583 | — | $93,583 |
| LEGACY PROFESSIONALS LLP | Auditor | $81,410 | — | $81,410 |
| VALENZ CARE | Other Service Provider | $61,937 | — | $61,937 |
| DOWD BLOCH & BENNETT | Other Service Provider | $59,325 | — | $59,325 |
| DENISE LUKASZEWSKI | Other Service Provider | $42,575 | — | $42,575 |
| THOMAS STIEDE | Other Service Provider | $27,507 | — | $27,507 |
| STRATEGIC CAPITAL | Other Service Provider | $20,000 | — | $20,000 |
| LASALLE CONSULTING PARTNERS, INC | Other Service Provider | $19,668 | — | $19,668 |
| COMERICA BANK | Other Service Provider | $10,000 | — | $10,000 |
| GREEN LIGHT | Other Service Provider | $9,680 | — | $9,680 |
| OPTUM RX | Other Service Provider | $7,232 | — | $7,232 |
| MICHAEL G. PHILIPP P.C. | Custodian / Trustee | $6,985 | — | $6,985 |
| GALLAGHER | Other Service Provider | — | $5,675 | $5,675 |
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: $1,753,924
- Estimated Expense Ratio: 1.653% 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 | $1,364,573 | $116,792 | — | $69,600 | — |
| 2023 | $1,250,874 | $108,071 | — | $69,300 | — |
| 2022 | $1,229,271 | $119,853 | — | — | $333,551 |