Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Teamsters Local 727
- Sponsor EIN: 842223917
- Sponsor Address: 1300 W. HIGGINS ROAD, SUITE 303, PARK RIDGE, IL, 600685743
- Plan Type: 401(k)
- Total Participants: 1,115
- Total Assets: $20.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,115 | $20.0M | $6.6M | $45,812 |
| 2023 | 1,077 | $12.9M | $4.7M | $28,508 |
| 2022 | 716 | $7.4M | $4.3M | $7,825 |
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 | $11,000 | — | $11,000 |
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: $11,000
- Estimated Expense Ratio: 0.055% 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 | $276,230 | $7,500 | — | $11,000 | — |
| 2023 | $95,066 | $9,600 | — | $10,000 | — |
| 2022 | $103,117 | $10,000 | — | — | $33,729 |