Plan Snapshot
- Plan Sponsor: Sheet Metal Workers Local Union No 268
- Sponsor EIN: 371130387
- Sponsor Address: 2701 N 89TH ST., CASEYVILLE, IL, 622322316
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 375
- Total Assets: $120,694
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 | 375 | $120,694 | $1.6M | $0 |
| 2023 | 375 | $104,046 | $1.6M | $6,522 |
| 2022 | 467 | $84,354 | $1.6M | $6,646 |
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 |
|---|---|---|---|---|
| WEST & COMPANY, LLC | Auditor | $14,500 | — | $14,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,500
- Estimated Expense Ratio: 12.014% 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 | $26,594 | — | — | $14,500 | — |
| 2023 | $8,152 | — | — | — | — |
| 2022 | $3,995 | — | — | — | $3,940 |