Plan Snapshot
- Plan Sponsor: Local 705 Intl Brotherhood Of Teamsters Health & Welfare Fund - Tr
- Sponsor EIN: 362688697
- Sponsor Address: 1645 W JACKSON BLVD 7TH FLOOR, CHICAGO, IL, 60612
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 1,423
- Total Assets: $109.5M
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 | 1,423 | $109.5M | $36.1M | $556,504 |
| 2023 | 1,430 | $107.0M | $39.5M | $648,336 |
| 2022 | 1,859 | $101.7M | $44.9M | $954,226 |
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 |
|---|---|---|---|---|
| HEALTH CARE SERVICE CORPORATION | Other Service Provider | $1,089,940 | — | $1,089,940 |
| THE SEGAL COMPANY, INC. | Other Service Provider | $142,687 | — | $142,687 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $135,137 | — | $135,137 |
| K. GONZALEZ | Other Service Provider | $123,975 | — | $123,975 |
| S. ROMAN | Other Service Provider | $118,090 | — | $118,090 |
| SHARI HEMBREE | Other Service Provider | $101,405 | — | $101,405 |
| SAMANTHA HEMBREE | Other Service Provider | $94,337 | — | $94,337 |
| SIERRA INVESTMENT PARTNERS, INC. | Other Service Provider | $91,563 | — | $91,563 |
| A. WOJCIECHOWSKI | Recordkeeper | $78,927 | — | $78,927 |
| S. CURATOLA | Other Service Provider | $36,663 | $34,223 | $70,886 |
| A. MCCLURE | Other Service Provider | $68,986 | — | $68,986 |
| C. BOGGS | Other Service Provider | $60,877 | — | $60,877 |
| L. PALMSONE | Other Service Provider | $57,517 | — | $57,517 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $51,762 | — | $51,762 |
| BAUM SIGMAN AUERBACH & NEUMAN, LTD. | Other Service Provider | $50,768 | — | $50,768 |
| GRAFF, BLANSKI & KIM,P.C. | Auditor | $42,071 | — | $42,071 |
| ZELIS PAYMENTS HOLDINGS, LLC | Other Service Provider | $39,540 | — | $39,540 |
| J. WITT | Recordkeeper | $39,202 | — | $39,202 |
| MARQUETTE ASSOCIATES, INC. | Other Service Provider | $35,000 | — | $35,000 |
| GLOBAL TRUST COMPANY | Other Service Provider | $34,102 | — | $34,102 |
| FORT WASHINGTON INVESTMENT ADVISORS | Other Service Provider | $22,609 | — | $22,609 |
| B. MULLANE | Other Service Provider | $16,667 | — | $16,667 |
| DENTAL NETWORK OF AMERICA | Other Service Provider | $14,970 | — | $14,970 |
| DATALYNX SPENGLER | Other Service Provider | $13,747 | — | $13,747 |
| MESIROW INSURANCE SERVICE, INC. | Other Service Provider | — | $10,118 | $10,118 |
| SCHIELE GRAPHICS, INC. | Other Service Provider | $7,616 | — | $7,616 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRAFF, BLANSKI & KIM,P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,612,499
- Estimated Expense Ratio: 2.386% 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 | $1,777,990 | $293,103 | — | $41,163 | — |
| 2023 | $2,180,033 | $296,797 | — | $70,021 | — |
| 2022 | $2,266,380 | $332,407 | — | — | $386,257 |