Plan Snapshot
- Plan Sponsor: Structural Iron Workers Local No 1 Scholarship Fund
- Sponsor EIN: 363987659
- Sponsor Address: 7720 W. INDUSTRIAL DRIVE, FOREST PARK, IL, 60130
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,186
- Total Assets: $2.2M
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 | 2,186 | $2.2M | $1.2M | $0 |
| 2023 | 2,215 | $2.1M | $1.2M | $0 |
| 2022 | 2,314 | $2.1M | $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 |
|---|---|---|---|---|
| CALIBRE CPA GROUP, PLLC | Auditor | $6,575 | — | $6,575 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,575
- Estimated Expense Ratio: 0.297% 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 | $12,950 | — | $1,551 | $6,575 | — |
| 2023 | $13,464 | — | $2,536 | $7,800 | — |
| 2022 | $9,984 | — | — | — | $6,550 |