Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Plumbers And Pipefitters Local Union 172
- Sponsor EIN: 351971399
- Sponsor Address: 625 ENTERPRISE DR., OAK BROOK, IL, 605238813
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 470
- Total Assets: $13.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 470 | $13.9M | $87,554 | $568,927 |
| 2023 | 392 | $13.4M | $169,427 | $450,303 |
| 2022 | 370 | $11.6M | $60,979 | $416,886 |
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 |
|---|---|---|---|---|
| CAPTRUST | Other Service Provider | $32,500 | — | $32,500 |
| JOHN HANCOCK | Recordkeeper | $27,667 | — | $27,667 |
| LEGACY PROFESSIONALS LLP | Auditor | $22,272 | — | $22,272 |
| BENEFITS MANAGEMENT GROUP, INC. | Other Service Provider | $11,859 | — | $11,859 |
| BPAS | Recordkeeper | $11,702 | — | $11,702 |
| JOHNSON AND KROL LLC | Other Service Provider | $8,538 | — | $8,538 |
| HUNT INSURANCE GROUP | Other Service Provider | $6,879 | — | $6,879 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — Recordkeeper
- LEGACY PROFESSIONALS LLP — Auditor
- BPAS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,417
- Estimated Expense Ratio: 0.871% 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 | $124,915 | $37,327 | $43,091 | $16,000 | — |
| 2023 | $107,166 | $43,189 | $25,407 | $16,000 | — |
| 2022 | $112,477 | $41,175 | $23,259 | — | $32,152 |