# Structural Iron Workers Local No 1 Scholarship Fund Health & Welfare Plan
Source: https://planprovider.pro/companies/structural-iron-workers-local-no-1-scholarship-fund-363987659-501

> Structural Iron Workers Local No 1 Scholarship Fund's Health & Welfare plan: 2,186 participants, plan year 2024 financials, providers, and benchmarks from Fo…

Form 5500 filing data for plan year 2024.

## 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:** Health & Welfare

- **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](https://planprovider.pro/provider/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|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/structural-iron-workers-local-no-1-scholarship-fund-363987659-501)

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