Plan Snapshot
- Plan Sponsor: Northern Illinois And Iowa Laborers' Health & Welfare Trust
- Sponsor EIN: 366157689
- Sponsor Address: 2837 7TH AVENUE, ROCK ISLAND, IL, 61201
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 535
- Total Assets: $46.0M
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 | 535 | $46.0M | $0 | $0 |
| 2024 | 644 | $43.3M | $5.4M | $905,820 |
| 2023 | 636 | $39.7M | $5.4M | $881,603 |
| 2022 | 623 | $37.3M | $5.6M | $897,754 |
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 |
|---|---|---|---|---|
| CORIENT SEGALL, BRYANT & HAMILL | Other Service Provider | $205,973 | — | $205,973 |
| JULIE LAGE | Other Service Provider | $109,038 | — | $109,038 |
| REINHART BOERNER VANDUEREN | Other Service Provider | $95,401 | — | $95,401 |
| ZENITH AMERICAN SOLUTIONS | Other Service Provider | $92,327 | — | $92,327 |
| JODY LENTZ | Other Service Provider | $52,704 | — | $52,704 |
| HOLLY LINDSAY | Other Service Provider | $33,538 | — | $33,538 |
| IMA, INC. | Other Service Provider | $32,890 | — | $32,890 |
| REILLY, PENNER & BENTON LLP | Other Service Provider | $32,500 | — | $32,500 |
| SAMANTHA GANGE | Other Service Provider | $23,423 | — | $23,423 |
| NYHART | Other Service Provider | $8,340 | — | $8,340 |
| FRSECURE LLC | Other Service Provider | $5,500 | — | $5,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $691,634
- Estimated Expense Ratio: 1.505% 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 | $8,746,116 | $244,281 | — | $32,500 | — |
| 2024 | $1,094,463 | $231,725 | — | $30,500 | — |
| 2023 | $1,135,008 | $209,536 | — | $28,300 | — |
| 2022 | $1,131,100 | $212,227 | — | — | $95,791 |