# Ibew Local 701 Supplemental Unemployment Benefit Fund Health & Welfare Plan
Source: https://planprovider.pro/companies/ibew-local-701-supplemental-unemployment-benefit-fund-364166378-501

> Ibew Local 701 Supplemental Unemployment Benefit Fund's Health & Welfare plan: 1,224 participants, plan year 2024 financials, providers, and benchmarks from…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Ibew Local 701 Supplemental Unemployment Benefit Fund

- **Sponsor EIN:** 364166378

- **Sponsor Address:** 28600 BELLA VISTA PARKWAY, WARRENVILLE, IL, 60555

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 1,224

- **Total Assets:** $1.6M

## 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|1,224|$1.6M|$22|$0|

| 2023|1,203|$1.5M|$116|$0|

| 2022|1,113|$1.5M|$9,329|$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|

| CALIBRE CPA GROUP PLLC|Auditor|$10,800|—|$10,800|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CALIBRE CPA GROUP PLLC](https://planprovider.pro/provider/calibre-cpa-group-pllc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $10,800

- **Estimated Expense Ratio:** 0.692% 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|$53,509|—|—|$10,800|—|

| 2023|$47,482|—|—|$10,800|—|

| 2022|$46,249|$4,067|—|—|$14,647|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/ibew-local-701-supplemental-unemployment-benefit-fund-364166378-501)

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