Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Eit Supplemental Unemployment Benefit Plan
- Sponsor EIN: 361033970
- Sponsor Address: 6195 W 115TH STREET, ALSIP, IL, 60803
- Plan Type: 401(k)
- Plan Number: 507
- Total Participants: 6,679
- Total Assets: $48.1M
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 | 6,679 | $48.1M | $8.8M | $0 |
| 2023 | 6,636 | $44.8M | $11.0M | $0 |
| 2022 | 6,391 | $38.0M | $18.1M | $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 |
|---|---|---|---|---|
| ELECTRICAL INSURANCE TRUSTEES | Custodian / Trustee | $396,000 | — | $396,000 |
| NORTHERN TRUST COMPANY | Other Service Provider | $8,812 | — | $8,812 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $404,812
- Estimated Expense Ratio: 0.841% 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 | $404,812 | — | $396,000 | — | — |
| 2023 | $455,208 | — | $444,000 | — | — |
| 2022 | $403,132 | $7,132 | — | — | — |