Plan Snapshot
- Plan Sponsor: Trustees Of 786 Ibt Material Welfare Fund
- Sponsor EIN: 366057110
- Sponsor Address: 300 S ASHLAND AVE - SUITE 500, CHICAGO, IL, 606072701
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,545
- Total Assets: $64.6M
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 | 1,545 | $64.6M | $29.5M | $155,417 |
| 2023 | 1,607 | $66.1M | $29.0M | $237,328 |
| 2022 | 1,634 | $59.2M | $28.7M | $297,376 |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD | Other Service Provider | $730,460 | — | $730,460 |
| ELITE ADMINISTRATION | Other Service Provider | $449,675 | $4,737 | $454,412 |
| HEALTHCARE STRATEGIES INC | Other Service Provider | $273,131 | — | $273,131 |
| JEFFREY HOFF | Other Service Provider | $174,617 | — | $174,617 |
| LEGACY PROFESSIONALS | Auditor | $105,451 | — | $105,451 |
| MELODY OROZCO | Other Service Provider | $102,905 | — | $102,905 |
| CHRISTINE USON | Other Service Provider | $89,697 | — | $89,697 |
| TRACY VARI | Other Service Provider | $81,454 | — | $81,454 |
| SEGAL | Other Service Provider | $74,654 | — | $74,654 |
| LANER MUCHIN | Other Service Provider | $73,375 | — | $73,375 |
| HCARE HOLD CO | Other Service Provider | $66,554 | — | $66,554 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $63,985 | — | $63,985 |
| MARY CERETTO | Other Service Provider | $61,911 | — | $61,911 |
| HOPE ASSISTANCE PLANS | Other Service Provider | $53,811 | — | $53,811 |
| RIVERBRIDGE PARTNERS, LLC | Other Service Provider | $25,190 | — | $25,190 |
| MERCER | Other Service Provider | $24,333 | — | $24,333 |
| WESTERN ASSET MANAGEMENT | Other Service Provider | $22,773 | — | $22,773 |
| PGIM INVESTMENTS | Other Service Provider | $22,113 | — | $22,113 |
| SILVERCREST ASSET MANAGEMENT | Other Service Provider | $21,405 | — | $21,405 |
| BURKE, BURNS, & PINELLI | Other Service Provider | $20,921 | — | $20,921 |
| THE NORTHERN TRUST CO. | Other Service Provider | $17,400 | — | $17,400 |
| DENTAL NETWORK OF AMERICA | Other Service Provider | $15,273 | — | $15,273 |
| STEVE WARNKE | Custodian / Trustee | $12,227 | — | $12,227 |
| BMO HARRIS BANK | Other Service Provider | $11,635 | — | $11,635 |
| HEALTH CARE SERVICE CORPORATION | Other Service Provider | $10,656 | — | $10,656 |
| LASALLE CONSULTING PARTNERS | Other Service Provider | $10,383 | — | $10,383 |
| LOOMIS SAYLES | Other Service Provider | $9,471 | — | $9,471 |
| SOMMERS AND FAHRENBAC | Other Service Provider | $8,324 | — | $8,324 |
| ROSANNE LACALAMITA | Other Service Provider | $6,800 | — | $6,800 |
| EDDIE RIZZO | Custodian / Trustee | $5,492 | — | $5,492 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,650,813
- Estimated Expense Ratio: 4.102% 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 | $1,299,947 | $125,286 | — | $35,000 | — |
| 2023 | $1,148,851 | $116,767 | — | $35,000 | — |
| 2022 | $1,162,762 | $115,386 | — | — | $191,543 |