Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Eit Insurance Fund For Communication Employers
- Sponsor EIN: 361033970
- Sponsor Address: 6195 W 115 STREET, ALSIP, IL, 60803
- Plan Type: Health & Welfare
- Plan Number: 510
- Total Participants: 1,749
- Total Assets: $120.0M
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 | 1,749 | $120.0M | $48.4M | $323,772 |
| 2023 | 1,686 | $109.3M | $42.6M | $302,959 |
| 2022 | 1,605 | $99.8M | $36.8M | $276,582 |
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 | $973,411 | — | $973,411 |
| ELECTRICAL INSURANCE TRUSTEES | Custodian / Trustee | $672,000 | — | $672,000 |
| PREMISE HEALTH SYSTEMS, INC | Other Service Provider | $403,276 | — | $403,276 |
| HEALTH EQUITY | Other Service Provider | $128,025 | — | $128,025 |
| CAREMARK PCS HEALTH LLC | Other Service Provider | $112,558 | — | $112,558 |
| MIDWEST COALITION OF LABOR | Other Service Provider | $73,470 | — | $73,470 |
| CORVEL CORPORATION | Other Service Provider | $60,011 | — | $60,011 |
| GREAT LAKES ADVISORS, INC. | Other Service Provider | $39,080 | — | $39,080 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $35,824 | — | $35,824 |
| BAIRD | Other Service Provider | $32,831 | — | $32,831 |
| WASHINGTON CAPITAL MANAGEMENT | Other Service Provider | $32,457 | — | $32,457 |
| VISION SERVICE PLAN | Other Service Provider | $26,252 | — | $26,252 |
| ALLONE HEALTH RESOURCES | Recordkeeper | $24,128 | — | $24,128 |
| SEGAL SELECT INSURANCE SERVICES | Other Service Provider | — | $6,569 | $6,569 |
| NORTHERN TRUST CORPORATION | Other Service Provider | $6,272 | — | $6,272 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALLONE HEALTH RESOURCES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,626,164
- Estimated Expense Ratio: 2.189% 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 | $832,676 | $146,464 | — | — | — |
| 2023 | $769,303 | $129,006 | — | — | — |
| 2022 | $712,823 | $112,141 | — | — | — |