Plan Snapshot
- Plan Sponsor: Board Of Trustees Of Teamsters Union Local No.142 Annuity Fund
- Sponsor EIN: 273032105
- Sponsor Address: 1300 CLARK ROAD, GARY, IN, 46404
- Plan Type: DC
- Total Participants: 1,330
- Total Assets: $55.2M
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 | 1,330 | $55.2M | $7.3M | $372,749 |
| 2023 | 1,219 | $46.4M | $6.7M | $354,416 |
| 2022 | 1,102 | $37.1M | $6.2M | $315,701 |
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 |
|---|---|---|---|---|
| MILLIMAN | Recordkeeper | $99,718 | — | $99,718 |
| JAY SMITH | Other Service Provider | $82,154 | — | $82,154 |
| CAPFINANCIAL PARTNERS, LLC | Other Service Provider | $27,500 | — | $27,500 |
| LEGACY PROFESSIONALS LLP | Auditor | $20,675 | — | $20,675 |
| MATRIX TRUST COMPANY | Recordkeeper | $10,515 | — | $10,515 |
| ASHER GITTLER & D'ALBA LTD | Other Service Provider | $9,600 | — | $9,600 |
| BMO HARRIS BANK N.A. | Other Service Provider | $7,737 | — | $7,737 |
| LEDBETTER PARTNERS LLC | Other Service Provider | $5,189 | — | $5,189 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — Recordkeeper
- LEGACY PROFESSIONALS LLP — Auditor
- MATRIX TRUST COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $263,088
- Estimated Expense Ratio: 0.476% 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 | $375,562 | $27,500 | $99,718 | $14,175 | — |
| 2023 | $422,809 | $27,500 | $90,607 | $13,500 | — |
| 2022 | $302,840 | $37,233 | $71,581 | — | $42,898 |