Plan Snapshot
- Plan Sponsor: Roofers Local No. 88 Pension Fund Board Of Trustees
- Sponsor EIN: 346615264
- Sponsor Address: 625 ENTERPRISE DRIVE, OAK BROOK, IL, 60523
- Plan Type: DB
- Plan Number: 001
- Total Participants: 115
- Total Assets: $24.2M
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 | 115 | $24.2M | $1.1M | $0 |
| 2023 | 124 | $24.9M | $1.1M | $0 |
| 2022 | 134 | $24.8M | $1.2M | $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 |
|---|---|---|---|---|
| MORGAN STANLEY | Custodian / Trustee | $132,822 | — | $132,822 |
| BENEFITS MANAGEMENT GROUP, INC. | Recordkeeper | $56,412 | — | $56,412 |
| UNITED ACTUARIAL SERVICES, INC. | Actuary | $42,913 | — | $42,913 |
| MACALA & PIATT, LLC. | ERISA Attorney | $22,648 | — | $22,648 |
| YURCHYK & DAVIS CPA'S INC. | Auditor | $21,300 | — | $21,300 |
| AMALGOMATED BANK OF CHICAGO | Custodian / Trustee | $7,165 | — | $7,165 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $283,260
- Estimated Expense Ratio: 1.170% 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 | $328,633 | — | $56,412 | $18,900 | — |
| 2023 | $300,273 | — | $50,400 | $18,900 | — |
| 2022 | $293,838 | $131,615 | $54,500 | — | $60,492 |