# Illinois Federation Of Teachers DC Plan
Source: https://planprovider.pro/companies/illinois-federation-of-teachers-plan

> Illinois Federation Of Teachers's DC plan: 89 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Illinois Federation Of Teachers

- **Sponsor EIN:** 362338589

- **Sponsor Address:** 500 OAKMONT LANE, WESTMONT, IL, 605595523

- **Plan Type:** DC

- **Total Participants:** 89

- **Total Assets:** $40.6M

## 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|89|$40.6M|$1.4M|$266,060|

| 2023|84|$35.0M|$1.3M|$257,382|

| 2022|85|$28.8M|$1.5M|$197,751|

## 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|

| LEGACY PROFESSIONALS LLP|NONE|$9,000|—|$9,000|

| QUORUM CONSULTING GROUP|NONE|$7,542|—|$7,542|

### Verified Provider Profiles

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

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — NONE

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $16,542

- **Estimated Expense Ratio:** 0.041% 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|$26,018|—|$7,542|$9,000|—|

| 2023|$27,254|—|$7,969|$10,000|—|

| 2022|$35,859|—|$9,097|—|$20,477|

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