Plan Snapshot
- Plan Sponsor: Trustees Of Ibew Local No. 117 Pension Fund
- Sponsor EIN: 366474808
- Sponsor Address: 765 MUNSHAW LANE, CRYSTAL LAKE, IL, 60014
- Plan Type: DB
- Plan Number: 001
- Total Participants: 464
- Total Assets: $252.9M
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 | 464 | $252.9M | $9.7M | $0 |
| 2023 | 470 | $234.6M | $11.4M | $0 |
| 2022 | 498 | $206.8M | $10.0M | $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 |
|---|---|---|---|---|
| SS&C ALPS | Other Service Provider | $154,028 | — | $154,028 |
| MEKETA INVESTMENT GROUP | Other Service Provider | $105,000 | — | $105,000 |
| TIC INTERNATIONAL CORPORATION | Other Service Provider | $73,316 | — | $73,316 |
| MILLIMAN | Recordkeeper | $69,045 | — | $69,045 |
| DOLAN, MCENIRY CAPITAL MANAGEMENT | Other Service Provider | $67,476 | — | $67,476 |
| GREENBURG TRAURIG, LLP | Other Service Provider | $39,232 | — | $39,232 |
| AMERICAN REALTY ADVISORS | Other Service Provider | $32,879 | — | $32,879 |
| ERIC J. FERNANDEZ & CO. | Auditor | $30,376 | — | $30,376 |
| PENSION BENEFIT GUARANTY CORP. | Other Service Provider | $26,063 | — | $26,063 |
| RICHARD J. WOLF AND CO. | Other Service Provider | $6,728 | — | $6,728 |
| CALIBRE CPA GROUP | Auditor | $6,364 | — | $6,364 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN — Recordkeeper
- ERIC J. FERNANDEZ & CO. — Auditor
- CALIBRE CPA GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $610,507
- Estimated Expense Ratio: 0.241% 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 | $693,831 | $370,062 | $73,316 | $42,603 | — |
| 2023 | $703,776 | $395,836 | $68,601 | $27,604 | — |
| 2022 | $852,548 | $564,243 | $66,175 | — | $138,558 |