Plan Snapshot
- Plan Sponsor: Trustees Chicago Painters And Decorators Welfare Fund
- Sponsor EIN: 510245220
- Sponsor Address: 8205 S. CASS AVENUE, SUITE 102, DARIEN, IL, 60561
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,427
- Total Assets: $83.4M
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 | 2,427 | $83.4M | $52.1M | $4.1M |
| 2023 | 2,583 | $74.3M | $51.7M | $4.2M |
| 2022 | 2,538 | $68.6M | $49.3M | $3.5M |
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 |
|---|---|---|---|---|
| BLUECROSS BLUESHEILD OF IL | Other Service Provider | $1,196,924 | — | $1,196,924 |
| ARNOLD AND KADJAN | Other Service Provider | $650,425 | — | $650,425 |
| VALENZ CARE | Other Service Provider | $489,756 | — | $489,756 |
| ZENITH AMERICAN SOLUTIONS, INC. | Other Service Provider | $266,110 | $26,214 | $292,324 |
| PATRICIA SAENZ | Other Service Provider | $196,937 | — | $196,937 |
| FOSTER AND FOSTER | Other Service Provider | $139,792 | — | $139,792 |
| CHRISSY GUNDER | Other Service Provider | $135,587 | — | $135,587 |
| JOANNE SAENZ | Other Service Provider | $133,467 | — | $133,467 |
| LANER MUCHIN, LTD. | Other Service Provider | $128,981 | — | $128,981 |
| VISION SERVICE PLAN | Other Service Provider | $120,664 | — | $120,664 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $117,962 | — | $117,962 |
| DIANE KANYUH | Other Service Provider | $99,070 | — | $99,070 |
| RICHARD J. WOLF & COMPANY | Other Service Provider | $80,082 | — | $80,082 |
| BOND BROTHERS AND COMPANY | Other Service Provider | $70,784 | — | $70,784 |
| ANA BEDOLLA | Other Service Provider | $69,109 | — | $69,109 |
| FREDERICK PENDLEBURY | Other Service Provider | $66,178 | — | $66,178 |
| ASHLEY HEGARTY | Other Service Provider | $65,459 | — | $65,459 |
| MARTHA TINOCO | Other Service Provider | $64,841 | — | $64,841 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $61,119 | — | $61,119 |
| DELTA DENTAL PLAN OF ILLINOIS | Other Service Provider | $59,196 | — | $59,196 |
| ANGELA GUNDER | Other Service Provider | $58,213 | — | $58,213 |
| CINDY PERNA | Other Service Provider | $56,278 | — | $56,278 |
| KAREN VALENTINE | Other Service Provider | $55,659 | — | $55,659 |
| LEGACY PROFESSIONALS, LLP | Auditor | $55,450 | — | $55,450 |
| NATALIE GIERMAN | Other Service Provider | $52,411 | — | $52,411 |
| JILL HEGARTY | Other Service Provider | $41,911 | — | $41,911 |
| MEDEXPERT INTERNATIONAL, INC. | Other Service Provider | $39,485 | — | $39,485 |
| JUSTINE JOHNSON | Other Service Provider | $37,040 | — | $37,040 |
| PARAMETRIC PORTFOLIO ASSOCIATES | Other Service Provider | $23,072 | — | $23,072 |
| MARQUETTE ASSOCIATES | Other Service Provider | $20,000 | — | $20,000 |
| ZELIS PAYMENT HOLDINGS | Other Service Provider | $17,591 | — | $17,591 |
| BMO HARRIS BANK, N.A. | Other Service Provider | $16,781 | — | $16,781 |
| KEN KAZAITIS | Custodian / Trustee | $7,703 | — | $7,703 |
| TODD OVERDORF | Custodian / Trustee | $6,496 | — | $6,496 |
| MIDWEST INSTITUTIONAL TRUST COMPANY | Other Service Provider | $5,052 | — | $5,052 |
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: $4,731,799
- Estimated Expense Ratio: 5.671% 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 | $3,195,537 | $166,086 | $197,881 | $55,450 | — |
| 2023 | $2,550,924 | $139,238 | $538,068 | $52,500 | — |
| 2022 | $2,152,983 | $120,720 | $623,216 | — | $1,221,919 |