Plan Snapshot
- Plan Sponsor: Trustees Beer Industry Local Union No. 703 Health & Welfare Fund
- Sponsor EIN: 366051305
- Sponsor Address: 18660 GRAPHIC DRIVE, SUITE 202, TINLEY PARK, IL, 60477
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 554
- Total Assets: $15.1M
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 | 554 | $15.1M | $4.0M | $805,401 |
| 2023 | 543 | $16.7M | $3.8M | $781,785 |
| 2022 | 524 | $17.2M | $3.6M | $757,657 |
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 |
|---|---|---|---|---|
| SEGAL CONSULTING | Other Service Provider | $193,180 | — | $193,180 |
| HEALTH CARE SERVICE CORPORATION | Other Service Provider | $171,256 | — | $171,256 |
| ASHER GITTLER & D'ALBA LTD | Other Service Provider | $135,046 | — | $135,046 |
| S. REEVES | Recordkeeper | $106,179 | — | $106,179 |
| F. CABRALES | Other Service Provider | $90,061 | — | $90,061 |
| C. SCHINDLER | Other Service Provider | $64,908 | — | $64,908 |
| T. WEYDEMAN | Other Service Provider | $63,551 | — | $63,551 |
| M. MARRERO | Other Service Provider | $61,763 | — | $61,763 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $49,419 | — | $49,419 |
| AMALGAMATED BANK | Other Service Provider | $47,381 | — | $47,381 |
| LEGACY PROFESSIONALS LLP | Auditor | $45,911 | — | $45,911 |
| R. BAKER | Other Service Provider | $45,297 | — | $45,297 |
| HINES & ASSOCIATES | Other Service Provider | $31,010 | — | $31,010 |
| LASALLE CONSULTING PARTNERS INC | Other Service Provider | $17,475 | — | $17,475 |
| DELTA DENTAL | Other Service Provider | $12,639 | — | $12,639 |
| SEGAL SELECT INSURANCE | Other Service Provider | — | $9,921 | $9,921 |
| VALENZ | Other Service Provider | $9,527 | — | $9,527 |
| SPECTERA INC | Other Service Provider | $7,784 | — | $7,784 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,162,308
- Estimated Expense Ratio: 7.706% 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 | $1,142,632 | $40,251 | — | $27,422 | — |
| 2023 | $904,465 | $43,296 | — | $25,500 | — |
| 2022 | $796,263 | $45,337 | — | — | $163,441 |