Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Eit Supplemental Unemployment Plan For Communicat
- Sponsor EIN: 361033970
- Sponsor Address: 6195 W 115TH STREET, ALSIP, IL, 60803
- Plan Type: Health & Welfare
- Plan Number: 514
- Total Participants: 1,749
- Total Assets: $7.5M
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 | 1,749 | $7.5M | $1.4M | $0 |
| 2023 | 1,686 | $7.5M | $1.8M | $0 |
| 2022 | 1,605 | $6.4M | $2.3M | $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 | $192,000 | — | $192,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $192,000
- Estimated Expense Ratio: 2.560% 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 | $196,735 | — | $192,000 | — | — |
| 2023 | $234,727 | $3,755 | $228,000 | — | — |
| 2022 | $207,326 | $3,326 | — | — | — |