Plan Snapshot
- Plan Sponsor: Ibew Local 176 Supplemental Unemployment Benefit Fund
- Sponsor EIN: 363936888
- Sponsor Address: 1100 N E FRONTAGE ROAD, JOLIET, IL, 60431
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 8,400
- Total Assets: $14.5M
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. |
|---|---|---|---|---|
| 2025 | 8,400 | $14.5M | $0 | $0 |
| 2024 | 8,027 | $13.3M | $2.6M | $0 |
| 2023 | 7,677 | $12.5M | $3.5M | $0 |
| 2022 | 7,520 | $11.2M | $2.7M | $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 |
|---|---|---|---|---|
| ZENITH-AMERICAN SOLUTIONS | Other Service Provider | $24,000 | — | $24,000 |
| CALIBRE CPA GROUP, PLLC | Other Service Provider | $18,563 | — | $18,563 |
| MARQUETTE ASSOCIATES | Other Service Provider | $5,000 | — | $5,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,563
- Estimated Expense Ratio: 0.329% 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 |
|---|---|---|---|---|---|
| 2025 | $2,165,818 | $5,000 | $24,000 | $18,563 | — |
| 2024 | $208,770 | $5,000 | $24,000 | $17,600 | — |
| 2023 | $234,784 | $5,750 | $24,000 | $21,363 | — |
| 2022 | $251,740 | $3,697 | $24,000 | — | $19,684 |