Plan Snapshot
- Plan Sponsor: Sheet Metal Workers Local Union No. 268
- Sponsor EIN: 370557803
- Sponsor Address: 2727 NORTH 89TH STREET, CASEYVILLE, IL, 622322316
- Plan Type: DB
- Plan Number: 001
- Total Participants: 377
- Total Assets: $64.8M
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 | 377 | $64.8M | $2.5M | $0 |
| 2023 | 361 | $59.9M | $2.5M | $0 |
| 2022 | 351 | $52.0M | $2.4M | $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 |
|---|---|---|---|---|
| SHEET METAL WORKERS LOCAL 268 | Other Service Provider | $69,346 | — | $69,346 |
| EKON ADVISORS | Other Service Provider | $61,625 | — | $61,625 |
| LINCOLN FINANCIAL | Recordkeeper | $44,885 | — | $44,885 |
| EKON BENEFITS | Other Service Provider | $39,627 | — | $39,627 |
| WEST & COMPANY | Auditor | $22,000 | — | $22,000 |
| MATRIX TRUST | Recordkeeper | $14,347 | — | $14,347 |
| SHEET METAL WORKERS 268 H&W FUND | Other Service Provider | $6,806 | — | $6,806 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN FINANCIAL — Recordkeeper
- WEST & COMPANY — Auditor
- MATRIX TRUST — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $258,636
- Estimated Expense Ratio: 0.399% 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 | $313,384 | $120,857 | — | $22,000 | — |
| 2023 | $315,947 | $123,837 | $5,160 | $9,745 | — |
| 2022 | $267,185 | $88,209 | — | — | $57,132 |