Plan Snapshot
- Plan Sponsor: Trustees, Fox Valley & Vicinity Construction Workers Welfare Fund
- Sponsor EIN: 366147408
- Sponsor Address: 20 NORTH MARTINGALE, SCHAUMBURG, IL, 60173
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 486
- Total Assets: $21.7M
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 | 486 | $21.7M | $9.6M | $594,237 |
| 2023 | 520 | $22.3M | $10.3M | $556,185 |
| 2022 | 499 | $21.2M | $10.5M | $568,696 |
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 |
|---|---|---|---|---|
| GROUP ADMINISTRATORS LTD | Other Service Provider | $291,426 | — | $291,426 |
| HEALTH CARE SERVICE CORPORATION | Other Service Provider | $209,730 | — | $209,730 |
| THE SEGAL COMPANY | Other Service Provider | $116,294 | — | $116,294 |
| CALIBRE CPA GROUP, PLLC | Auditor | $59,347 | — | $59,347 |
| NORTHERN TRUST | Other Service Provider | $32,241 | — | $32,241 |
| STRATEGIC CAPITAL INVESTMENT ADVISO | Other Service Provider | $25,833 | — | $25,833 |
| BAUM SIGMAN AUERBACH & NEUMAN, LTD | Other Service Provider | $19,017 | — | $19,017 |
| HINES & ASSOCIATES | Other Service Provider | $17,427 | — | $17,427 |
| EMPLOYEE RESOURCE SYSTEMS | Recordkeeper | $12,142 | — | $12,142 |
| DENTAL NETWORK OF AMERICA | Other Service Provider | $5,021 | — | $5,021 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP, PLLC — Auditor
- EMPLOYEE RESOURCE SYSTEMS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $788,478
- Estimated Expense Ratio: 3.639% 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 | $580,417 | $37,446 | $291,426 | $22,150 | — |
| 2023 | $558,777 | $37,942 | $278,993 | $21,650 | — |
| 2022 | $489,170 | $38,881 | $256,776 | — | $164,128 |