Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Eit Insurance Fund For Electrical Contractors
- Sponsor EIN: 361033970
- Sponsor Address: 6195 W 115TH STREET, ALSIP, IL, 60803
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 7,141
- Total Assets: $733.6M
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 | 7,141 | $733.6M | $228.4M | $7.2M |
| 2023 | 7,091 | $686.6M | $220.8M | $7.4M |
| 2022 | 6,861 | $624.8M | $207.1M | $7.5M |
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 | $6,066,827 | — | $6,066,827 |
| PREMISE HEALTH SYSTEMS, INC | Other Service Provider | $2,180,294 | — | $2,180,294 |
| CAREMARK PCS HEALTH LLC | Other Service Provider | $729,814 | — | $729,814 |
| LEGACY PROFESSIONALS LLP | Auditor | $539,742 | — | $539,742 |
| MIDWEST COALITION OF LABOR | Other Service Provider | $397,214 | — | $397,214 |
| THE SEGAL COMPANY | Other Service Provider | $329,329 | — | $329,329 |
| ERIN KEANE | Other Service Provider | $312,287 | — | $312,287 |
| HEALTH EQUITY | Other Service Provider | $293,111 | — | $293,111 |
| RVK, INC. | Other Service Provider | $290,130 | — | $290,130 |
| VITECH | Other Service Provider | $275,050 | — | $275,050 |
| JOHNSON & KROL | Other Service Provider | $257,139 | — | $257,139 |
| GREAT LAKES ADVISORS, INC | Other Service Provider | $225,777 | — | $225,777 |
| CORVEL CORPORATION | Other Service Provider | $218,214 | — | $218,214 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $206,964 | — | $206,964 |
| SHIH-CHI CHOU | Other Service Provider | $196,429 | — | $196,429 |
| BAIRD ADVISORS | Other Service Provider | $189,673 | — | $189,673 |
| WASHINGTON CAPITAL MANAGEMENT, INC. | Other Service Provider | $187,512 | — | $187,512 |
| MERCER HEALTH BENEFITS, LLC | Other Service Provider | $182,330 | — | $182,330 |
| LORI SELJAN | Other Service Provider | $172,900 | — | $172,900 |
| VISION SERVICE PLAN | Other Service Provider | $165,136 | — | $165,136 |
| REINHART BOERNER VAN DEUREN | Other Service Provider | $154,376 | — | $154,376 |
| TRACY SOHST | Other Service Provider | $152,027 | — | $152,027 |
| KELLY HUNT | Other Service Provider | $140,455 | — | $140,455 |
| COLIN HANNIGAN | Other Service Provider | $134,394 | — | $134,394 |
| ROBERT MOYER | Other Service Provider | $134,175 | — | $134,175 |
| MICHAEL KRANTZ | Other Service Provider | $126,431 | — | $126,431 |
| CALIBRE CPA GROUP, PLLC | Auditor | $126,305 | — | $126,305 |
| ALLONE HEALTH RESOURCES | Recordkeeper | $125,803 | — | $125,803 |
| NORTHBRANCH IT CONSULTING LLC | Other Service Provider | $116,463 | — | $116,463 |
| MARY VAZQUEZ-LORINSER | Other Service Provider | $103,367 | — | $103,367 |
| NORTHERN TRUST CORPORATION | Other Service Provider | $97,962 | — | $97,962 |
| MARGARET ROBERSON | Other Service Provider | $94,714 | — | $94,714 |
| ANNETTE GRANGO | Other Service Provider | $91,564 | — | $91,564 |
| JEAN RYAN | Other Service Provider | $89,783 | — | $89,783 |
| SHARON NORMAN | Other Service Provider | $84,899 | — | $84,899 |
| VICTORIA SUAREZ | Other Service Provider | $84,331 | — | $84,331 |
| MARIA GALINDEZ-NAVARRO | Other Service Provider | $83,482 | — | $83,482 |
| MICHAEL MACKEY | Other Service Provider | $82,438 | — | $82,438 |
| IRIS GOMEZ | Other Service Provider | $75,545 | — | $75,545 |
| LEE FOSSEY | Other Service Provider | $72,810 | — | $72,810 |
| ERIN EISCHEN | Other Service Provider | $67,629 | — | $67,629 |
| JEANINE HOWARD | Other Service Provider | $64,720 | — | $64,720 |
| PAMELA WATTERS | Other Service Provider | $64,573 | — | $64,573 |
| PILLAR RX CONSULTING | Other Service Provider | $60,000 | — | $60,000 |
| PATRICIA RAMOS | Other Service Provider | $51,804 | — | $51,804 |
| PART D ADVISORS | Other Service Provider | $35,857 | — | $35,857 |
| SEGAL SELECT INSURANCE SERVICES | Other Service Provider | — | $34,543 | $34,543 |
| UNITAS GLOBAL | Other Service Provider | $28,103 | — | $28,103 |
| DOCUWARE CORPORATION | Other Service Provider | $26,357 | — | $26,357 |
| WEAVER PARTNERS | Other Service Provider | $16,500 | — | $16,500 |
| LOGAN CONSULTING | Other Service Provider | $13,959 | — | $13,959 |
| KATHLEEN KERSTOWSKE | Other Service Provider | $11,970 | — | $11,970 |
| LIFESTATUS 360 LLC | Other Service Provider | $6,089 | — | $6,089 |
| DANIEL AND HENRY INSURANCE | Other Service Provider | — | $5,222 | $5,222 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
- CALIBRE CPA GROUP, PLLC — Auditor
- ALLONE HEALTH RESOURCES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,074,522
- Estimated Expense Ratio: 2.191% 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 | $8,990,700 | $1,136,412 | — | $190,000 | — |
| 2023 | $8,727,706 | $1,045,801 | — | $181,000 | — |
| 2022 | $9,407,856 | $660,836 | — | — | $1,987,198 |