Plan Snapshot
- Plan Sponsor: Ironworkers 340 Retirement Plan
- Sponsor EIN: 386233975
- Sponsor Address: 625 ENTERPRISE DRIVE, OAK BROOK, IL, 605238813
- Plan Type: DB
- Total Participants: 224
- Total Assets: $32.5M
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. |
|---|---|---|---|---|
| 2024 | 224 | $32.5M | $4.9M | $0 |
| 2023 | 257 | $32.4M | $5.7M | $0 |
| 2022 | 208 | $30.9M | $4.6M | $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 |
|---|---|---|---|---|
| BONADIO & CO., LLP | Auditor | $30,500 | — | $30,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BONADIO & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,500
- Estimated Expense Ratio: 0.094% 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 | $316,391 | $106,135 | $58,714 | $30,500 | — |
| 2023 | $302,916 | $85,733 | $61,074 | $17,900 | — |
| 2022 | $335,516 | $94,162 | $55,440 | — | $132,908 |