Plan Snapshot
- Plan Sponsor: Trustees Of Heat & Frost Insulators Local 17 Training Trust
- Sponsor EIN: 366206849
- Sponsor Address: 18520 SPRING CREEK DRIVE, TINLEY PARK, IL, 60477
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 93
- Total Assets: $2.1M
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 | 93 | $2.1M | $1.2M | $0 |
| 2023 | 88 | $1.9M | $1.2M | $0 |
| 2022 | 87 | $1.6M | $1.1M | $0 |
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 |
|---|---|---|---|---|
| STEPHEN CRAVEN | Other Service Provider | $294,308 | — | $294,308 |
| BENJAMIN FRANK | Other Service Provider | $250,092 | — | $250,092 |
| LEGACY PROFESSIONALS LLP | Auditor | $15,427 | — | $15,427 |
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: $559,827
- Estimated Expense Ratio: 26.114% 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 | $1,261,324 | $2,866 | — | $14,000 | — |
| 2023 | $1,185,106 | $2,303 | $1,133 | $13,500 | — |
| 2022 | $1,287,759 | $2,427 | — | — | $19,694 |