Plan Snapshot
- Plan Sponsor: The Board Of Trustees Of The Plumbers & Pipefitters Local 23 Ua H & W
- Sponsor EIN: 366110305
- Sponsor Address: 4525 BOEING DRIVE, ROCKFORD, IL, 611092934
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 503
- Total Assets: $35.8M
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 | 503 | $35.8M | $13.0M | $677,641 |
| 2023 | 486 | $32.5M | $12.0M | $752,325 |
| 2022 | 450 | $29.0M | $9.9M | $752,733 |
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 |
|---|---|---|---|---|
| SAV-RX PRESCRIPTION SERVICES | Other Service Provider | $719,299 | — | $719,299 |
| ACTIVATE HEALTHCARE | Other Service Provider | $450,980 | — | $450,980 |
| BENEFITS MANAGEMENT GROUP, INC. | Other Service Provider | $351,804 | — | $351,804 |
| BLUE CROSS BLUE SHIELD OF IL | Other Service Provider | $284,078 | $2 | $284,080 |
| INETICO, LLC D.B.A VALENZ CARE | Other Service Provider | $81,104 | — | $81,104 |
| JOHNSON & KROL LLC | Other Service Provider | $74,386 | — | $74,386 |
| KROGER PRESCRIPTION PLANS | Other Service Provider | $67,042 | — | $67,042 |
| NATL INVESTMENT SERVICES OF AMERICA | Other Service Provider | $56,810 | — | $56,810 |
| NYRUCK SYPHOMMARATH | Other Service Provider | $55,729 | — | $55,729 |
| TFBC, LLC | Other Service Provider | $46,955 | — | $46,955 |
| LEGACY PROFESSIONALS LLP | Auditor | $38,855 | — | $38,855 |
| STRATEGIC CAPITAL INV. ADVISORS | Other Service Provider | $21,750 | — | $21,750 |
| BUCK GLOBAL, LLC | Other Service Provider | $18,993 | — | $18,993 |
| U.S. BANK NATIONAL ASSOCIATION | Recordkeeper | $17,223 | — | $17,223 |
| DELTA DENTAL OF ILLINOIS | Other Service Provider | $12,976 | — | $12,976 |
| EMPLOYEE RESOURCE SYSTEMS | Recordkeeper | $9,170 | — | $9,170 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $7,523 | — | $7,523 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
- U.S. BANK NATIONAL ASSOCIATION — Recordkeeper
- EMPLOYEE RESOURCE SYSTEMS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,314,679
- Estimated Expense Ratio: 6.459% 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 | $858,956 | $95,783 | $351,804 | $27,600 | — |
| 2023 | $804,514 | $76,615 | $310,353 | $26,800 | — |
| 2022 | $778,035 | $79,090 | $303,509 | — | $185,984 |