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
- 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. |
|---|---|---|---|---|
| 2025 | 1,164 | $41.0M | $0 | $0 |
| 2024 | 1,155 | $34.1M | $0 | $0 |
| 2023 | 1,374 | $26.1M | $0 | $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 |
|---|---|---|---|---|
| LEGACY PROFESSIONALS LLP | Auditor | $24,500 | — | $24,500 |
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: $24,500
- Estimated Expense Ratio: 0.060% 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 |
|---|---|---|---|---|---|
| 2025 | $598,318 | $96,634 | — | $24,500 | — |
| 2024 | $546,683 | $80,584 | — | $24,500 | — |
| 2023 | $381,156 | $43,928 | — | — | $43,710 |