# Trustees Of Annual Benefit Fund Local 702 401(k) Plan
Source: https://planprovider.pro/companies/trustees-of-annual-benefit-fund-local-702-371039499-501

> Trustees Of Annual Benefit Fund Local 702's 401(k) plan: 3,341 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Trustees Of Annual Benefit Fund Local 702

- **Sponsor EIN:** 371039499

- **Sponsor Address:** 106 N. MONROE, WEST FRANKFORT, IL, 62896

- **Plan Type:** 401(k)

- **Plan Number:** 501

- **Total Participants:** 3,341

- **Total Assets:** $3.9M

## 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|3,341|$3.9M|$0|$7.5M|

| 2023|2,795|$3.2M|$0|$7.1M|

| 2022|2,444|$2.8M|$0|$6.0M|

## 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|

| LEGACY PROFESSIONALS LLP|Auditor|$15,000|—|$15,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [LEGACY PROFESSIONALS LLP](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $15,000

- **Estimated Expense Ratio:** 0.383% 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|$19,894|—|—|$15,000|—|

| 2023|$19,683|—|—|$15,500|—|

| 2022|$20,195|—|—|—|$18,386|

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