Plan Snapshot
- Plan Sponsor: Trustees Of Area Teamsters Insurance Benefit Plan
- Sponsor EIN: 364250648
- Sponsor Address: 7827 OGDEN AVENUE, LYONS, IL, 60534
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 3,828
- Total Assets: $1.8M
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 | 3,828 | $1.8M | $4.3M | $4,429 |
| 2023 | 3,687 | $1.5M | $4.2M | $6,084 |
| 2022 | 3,203 | $1.2M | $4.0M | $14,830 |
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 |
|---|---|---|---|---|
| ELENA ORTIZ | Other Service Provider | $101,481 | — | $101,481 |
| CALIBRE CPA GROUP | Auditor | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,481
- Estimated Expense Ratio: 6.207% 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 | $174,028 | — | — | $12,000 | — |
| 2023 | $156,929 | — | — | $11,000 | — |
| 2022 | $173,083 | — | — | — | $30,832 |