Plan Snapshot
- Plan Sponsor: Teamsters,Automotive, Petroleum And Allied Trades Local No. 50
- Sponsor EIN: 204543936
- Sponsor Address: 1609 NORTH ILLINOIS ST., SWANSEA, IL, 62226
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $8.2M
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 | 125 | $8.2M | $455,377 | $102,556 |
| 2023 | 117 | $7.0M | $503,279 | $138,494 |
| 2022 | 124 | $5.6M | $458,048 | $144,399 |
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 |
|---|---|---|---|---|
| KERBER, ECK & BRAECKEL LLP | Auditor | $15,500 | — | $15,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KERBER, ECK & BRAECKEL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,500
- Estimated Expense Ratio: 0.189% 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 | $59,990 | $21,573 | $8,210 | $15,500 | — |
| 2023 | $68,177 | $21,226 | $7,329 | $24,000 | — |
| 2022 | $48,819 | $21,997 | $7,560 | — | $16,490 |