Plan Snapshot
- Plan Sponsor: Chicago Truck Drivers Union Health & Welfare Fund
- Sponsor EIN: 366598154
- Sponsor Address: 6500 W 65TH STREET, CHICAGO, IL, 60638
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 834
- Total Assets: $35.8M
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 | 834 | $35.8M | $14.4M | $211,794 |
| 2023 | 802 | $31.0M | $13.5M | $209,213 |
| 2022 | 802 | $27.7M | $13.6M | $260,679 |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF ILLINOIS | Other Service Provider | $155,250 | — | $155,250 |
| PROFESSIONAL BENEFIT ADMINISTRATORS | Other Service Provider | $148,550 | — | $148,550 |
| APRIL BOUGIS | Other Service Provider | $113,739 | — | $113,739 |
| YAMILKA SANTIAGO | Other Service Provider | $96,245 | — | $96,245 |
| SHARON SARAGOSA | Other Service Provider | $72,365 | — | $72,365 |
| DAWN MCKENDRICK | Other Service Provider | $64,381 | — | $64,381 |
| LEGACY PROFESSIONALS, LLP | Auditor | $35,149 | — | $35,149 |
| UNION INSURANCE GROUP | Other Service Provider | $33,579 | — | $33,579 |
| THE SEGAL COMPANY | Other Service Provider | $33,323 | — | $33,323 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $32,470 | — | $32,470 |
| UNIQUE COMPUTING SOLUTIONS | Other Service Provider | $24,768 | — | $24,768 |
| NORTHERN TRUST | Other Service Provider | $12,884 | — | $12,884 |
| WILLIG, WILLIAMS, AND DAVIDSON | ERISA Attorney | $10,795 | — | $10,795 |
| STRATEGIC CAPITAL | Other Service Provider | $10,000 | — | $10,000 |
| THOMAS DALY | Recordkeeper | $6,075 | — | $6,075 |
| BERNARD SHERLOCK | Other Service Provider | $5,337 | — | $5,337 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS, LLP — Auditor
- WILLIG, WILLIAMS, AND DAVIDSON — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $854,910
- Estimated Expense Ratio: 2.389% 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 | $926,905 | $56,266 | — | $34,000 | — |
| 2023 | $927,592 | $52,202 | — | $34,000 | — |
| 2022 | $953,229 | $49,052 | — | — | $122,247 |