Plan Snapshot
- Plan Sponsor: Teamsters Local Union No. 727 Health And Welfare Fund
- Sponsor EIN: 366069119
- Sponsor Address: 1300 W. HIGGINS ROAD, PARK RIDGE, IL, 60068
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,613
- Total Assets: $158.3M
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 | 4,613 | $158.3M | $84.2M | $218,800 |
| 2023 | 4,460 | $138.8M | $83.9M | $268,348 |
| 2022 | 3,883 | $114.1M | $79.6M | $338,398 |
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 |
|---|---|---|---|---|
| MARATHON HEALTH | Other Service Provider | $3,111,836 | — | $3,111,836 |
| HEALTH CARE SERVICE CORPORATION | Other Service Provider | $2,127,130 | — | $2,127,130 |
| ELITE ADMINISTRATION & INSURANCE | Other Service Provider | $1,100,178 | $46,194 | $1,146,372 |
| PAYDHEALTH | Other Service Provider | $388,659 | — | $388,659 |
| R. LAINO | Recordkeeper | $187,300 | — | $187,300 |
| S. JOHNSON | Other Service Provider | $184,182 | — | $184,182 |
| J. MARTINEZ | Other Service Provider | $174,583 | — | $174,583 |
| C. LAINO | Other Service Provider | $172,942 | — | $172,942 |
| B. RODRIGUEZ | Other Service Provider | $164,264 | — | $164,264 |
| T. MARINO | Other Service Provider | $160,632 | — | $160,632 |
| VIVEKA HEALTH, INC. | Other Service Provider | $160,315 | — | $160,315 |
| CTM LEGAL GROUP | Custodian / Trustee | $159,910 | — | $159,910 |
| M. PRYOR | Other Service Provider | $157,714 | — | $157,714 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $157,676 | — | $157,676 |
| L. CRUZ | Other Service Provider | $157,291 | — | $157,291 |
| S. BRULL | Other Service Provider | $153,451 | — | $153,451 |
| Z. FRANKENBACH | Other Service Provider | $152,376 | — | $152,376 |
| B. AFFETTO | Other Service Provider | $143,948 | — | $143,948 |
| VALENZ CARE | Other Service Provider | $111,623 | — | $111,623 |
| A. JOZWICKI | Other Service Provider | $110,320 | — | $110,320 |
| DELTA DENTAL OF ILLINOIS | Other Service Provider | $97,466 | — | $97,466 |
| C. JACOBAZZI | Other Service Provider | $60,262 | — | $60,262 |
| G. SHAMOON | Other Service Provider | $59,231 | — | $59,231 |
| WILLIG, WILLIAMS & DAVIDSON | ERISA Attorney | $52,803 | — | $52,803 |
| FOSTER AND FOSTER | Other Service Provider | $52,402 | — | $52,402 |
| R. CLANCY | Other Service Provider | $51,511 | — | $51,511 |
| V. NAPLES | Other Service Provider | $47,969 | — | $47,969 |
| LEGACY PROFESSIONALS LLP | Auditor | $43,430 | — | $43,430 |
| B. MARTINEZ | Other Service Provider | $41,223 | — | $41,223 |
| G. YOUMANS | Custodian / Trustee | $41,023 | — | $41,023 |
| BUCK GLOBAL | Other Service Provider | $40,000 | — | $40,000 |
| C. TOMINBERG | Custodian / Trustee | $31,085 | — | $31,085 |
| COMERICA | Other Service Provider | $23,556 | — | $23,556 |
| STRATEGIC CAPITAL | Other Service Provider | $20,000 | — | $20,000 |
| ENGBERG ANDERSON | Other Service Provider | $16,600 | — | $16,600 |
| THE HORTON GROUP | Other Service Provider | $16,250 | — | $16,250 |
| AMALGAMATED BANK | Other Service Provider | $14,397 | — | $14,397 |
| MR. MICROCHIP | Other Service Provider | $13,722 | — | $13,722 |
| SOMMERS AND FAHRENBACH | Other Service Provider | $11,890 | — | $11,890 |
| K-PLUS TECHNOLOGY SOLUTIONS | Other Service Provider | $8,107 | — | $8,107 |
| J. COLI JR. | Custodian / Trustee | $6,428 | — | $6,428 |
| C. CARTER-PATTON | Custodian / Trustee | $5,971 | — | $5,971 |
| N. MICALETTI | Custodian / Trustee | $5,319 | — | $5,319 |
| M. DEGARD | Custodian / Trustee | $5,045 | — | $5,045 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIG, WILLIAMS & DAVIDSON — ERISA Attorney
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,048,214
- Estimated Expense Ratio: 6.349% 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 | $3,219,382 | $201,232 | — | $43,430 | — |
| 2023 | $2,749,222 | $119,628 | — | $32,000 | — |
| 2022 | $2,667,367 | $91,962 | — | — | $667,574 |