Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Local 786 I.B. Of T. Severance Trust Fund
- Sponsor EIN: 363319994
- Sponsor Address: 300 S ASHLAND AVE, CHICAGO, IL, 606072701
- Plan Type: DC
- Plan Number: 101
- Total Participants: 1,164
- Total Assets: $41.0M
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 | 1,164 | $41.0M | $6.8M | $0 |
| 2023 | 1,155 | $34.1M | $6.1M | $0 |
| 2022 | 1,374 | $26.1M | $5.8M | $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 |
|---|---|---|---|---|
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $53,788 | — | $53,788 |
| LEGACY PROFESSIONALS LLP | Auditor | $43,603 | — | $43,603 |
| MARY CERETTO | Other Service Provider | $42,082 | — | $42,082 |
| CHRISTINE USON | Other Service Provider | $38,267 | — | $38,267 |
| JEFFREY HOFF | Other Service Provider | $36,064 | — | $36,064 |
| THE NORTHERN TRUST CO | Other Service Provider | $34,385 | — | $34,385 |
| ROSANNE LACALAMITA | Other Service Provider | $32,867 | — | $32,867 |
| TRACY VARI | Other Service Provider | $30,545 | — | $30,545 |
| MERCER | Other Service Provider | $28,886 | — | $28,886 |
| RIVERBRIDGE PARTNERS, LLC | Other Service Provider | $16,715 | — | $16,715 |
| PRUDENTIAL TRUST CO. | Other Service Provider | $12,949 | — | $12,949 |
| VITECH SYSTEMS GROUP, INC | Other Service Provider | $12,386 | — | $12,386 |
| LA SALLE CONSULTING PARTNERS INC | Other Service Provider | $9,944 | — | $9,944 |
| LANER MUCHIN | Other Service Provider | $9,545 | — | $9,545 |
| SILVERCREST ASSET MANAGEMENT GROUP | Other Service Provider | $8,654 | — | $8,654 |
| BURKE, BURNS, AND PINELLI | Other Service Provider | $5,063 | — | $5,063 |
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: $415,743
- Estimated Expense Ratio: 1.013% 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 | $598,318 | $96,634 | — | $24,500 | — |
| 2023 | $546,683 | $80,584 | — | $24,500 | — |
| 2022 | $381,156 | $43,928 | — | — | $43,710 |