Plan Snapshot
- Plan Sponsor: Employers & Operating Engineers Local 520 Vacation Fund
- Sponsor EIN: 376149098
- Sponsor Address: 1472 N GREEN MOUNT ROAD, OFALLON, IL, 62269
- Plan Type: Health & Welfare
- Plan Number: 503
- Total Participants: 1,437
- Total Assets: $489,270
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 | 1,437 | $489,270 | $0 | $0 |
| 2023 | 1,250 | $411,414 | $0 | $0 |
| 2022 | 1,107 | $366,007 | $0 | $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 |
|---|---|---|---|---|
| SCHEFFEL BOYLE | Auditor | $8,500 | — | $8,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,500
- Estimated Expense Ratio: 1.737% 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 | $13,474 | — | $1,800 | $8,500 | — |
| 2023 | $12,901 | — | $1,800 | $8,000 | — |
| 2022 | $12,138 | — | $1,800 | — | $7,889 |