# Board Of Trustees Of Plumbers And Pipefitters Local Union 172 401(k) Plan
Source: https://planprovider.pro/companies/board-of-trustees-of-plumbers-and-pipefitters-local-union-172-351971399-001

> Board Of Trustees Of Plumbers And Pipefitters Local Union 172&#39;s 401(k) plan: 470 participants, plan year 2024 financials, providers, and benchmarks from Form…

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/john-hancock) — Recordkeeper

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

- [BPAS](https://planprovider.pro/provider/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|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-of-plumbers-and-pipefitters-local-union-172-351971399-001)

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