Plan Snapshot
- Plan Sponsor: Sheet Metal Workers Local Union No 268
- Sponsor EIN: 370557803
- Sponsor Address: 2701 N 89TH ST, CASEYVILLE, IL, 622322316
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 391
- Total Assets: $17.8M
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 | 391 | $17.8M | $7.8M | $1.3M |
| 2023 | 396 | $16.2M | $7.9M | $1.1M |
| 2022 | 385 | $13.7M | $7.9M | $1.1M |
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 |
|---|---|---|---|---|
| LABOR FIRST | Other Service Provider | $879,233 | — | $879,233 |
| MERITAIN HEALTH INC | Other Service Provider | $187,977 | — | $187,977 |
| KIMBERLY HEFLIN | Other Service Provider | $82,844 | — | $82,844 |
| WEST & COMPANY LLC | Auditor | $27,500 | — | $27,500 |
| MARSH & MCLENNAN AGENCY, LLC | Investment Advisor | $19,983 | — | $19,983 |
| EKON ADVISORS | Other Service Provider | $13,166 | — | $13,166 |
| SHEET METAL WORKERS LOCAL 268 | Other Service Provider | $10,884 | — | $10,884 |
| HAMMOND AND SHINNERS PC | Other Service Provider | $10,097 | — | $10,097 |
| EKON BENEFITS | Other Service Provider | $7,633 | — | $7,633 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEST & COMPANY LLC — Auditor
- MARSH & MCLENNAN AGENCY, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,239,317
- Estimated Expense Ratio: 6.945% 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 | $378,192 | $20,799 | $207,961 | $27,500 | — |
| 2023 | $350,322 | $13,917 | $202,757 | $10,325 | — |
| 2022 | $391,790 | $12,089 | $201,867 | — | $29,778 |