Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Insulators And Allied Workers Local 81 Pensio
- Sponsor EIN: 426094616
- Sponsor Address: 1700 52ND AVENUE, SUITE B, MOLINE, IL, 612656378
- Plan Type: DB
- Plan Number: 001
- Total Participants: 97
- Total Assets: $22.6M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 97 | $22.6M | $1.6M | $0 |
| 2023 | 95 | $21.9M | $1.4M | $0 |
| 2022 | 90 | $20.5M | $1.3M | $0 |
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 |
|---|---|---|---|---|
| UNITED ACTUARIAL SERVICES, INC. | Other Service Provider | $40,950 | — | $40,950 |
| QUAD CITY BANK & TRUST | Other Service Provider | $34,298 | — | $34,298 |
| ROMOLO & ASSOCIATES, LLC | Other Service Provider | $27,730 | — | $27,730 |
| RJ LEE & ASSOCIATES | Other Service Provider | $26,833 | — | $26,833 |
| INVESTMENT CONSULTANT GROUP, INC. | Other Service Provider | $26,000 | — | $26,000 |
| C.S. MCKEE | Other Service Provider | $11,914 | — | $11,914 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $167,725
- Estimated Expense Ratio: 0.743% 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 | $195,638 | $26,000 | $26,833 | $14,175 | — |
| 2023 | $177,517 | $23,250 | $25,833 | $14,175 | — |
| 2022 | $163,347 | $61,481 | $24,917 | — | $51,823 |