Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Amalgamated Transit Union
- Sponsor EIN: 522059290
- Sponsor Address: 4440 ASH GROVE, SPRINGFIELD, IL, 62711
- Plan Type: 401(k)
- Total Participants: 19,251
- Total Assets: $267.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 19,251 | $267.1M | $16.6M | $17.9M |
| 2023 | 16,706 | $230.7M | $13.4M | $15.1M |
| 2022 | 15,032 | $192.5M | $10.5M | $14.5M |
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 |
|---|---|---|---|---|
| QUORUM CONSULTING GROUP | Recordkeeper | $626,710 | — | $626,710 |
| MORGAN STANLEY SMITH BARNEY LLC | Investment Advisor | $62,582 | — | $62,582 |
| EBERTS AND HARRISON | Insurance Carrier | $29,051 | — | $29,051 |
| CALIBRE CPA GROUP, PLLC | Other Service Provider | $26,000 | — | $26,000 |
| SLEVIN & HART, P.C. | ERISA Attorney | $14,914 | — | $14,914 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $759,257
- Estimated Expense Ratio: 0.284% 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 | $765,156 | $62,582 | $626,710 | $26,000 | — |
| 2023 | $662,497 | $62,751 | $513,150 | $21,000 | — |
| 2022 | $593,784 | $62,060 | $456,550 | — | $51,643 |