Plan Snapshot
- Plan Sponsor: Trustees Of Local 309 Vacation Trust Fund
- Sponsor EIN: 370799627
- Sponsor Address: 2000A MALL STREET, STE A, COLLINSVILLE, IL, 62234
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 875
- Total Assets: $3.1M
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 | 875 | $3.1M | $0 | $2.6M |
| 2023 | 877 | $2.8M | $0 | $2.4M |
| 2022 | 785 | $2.2M | $0 | $2.0M |
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 |
|---|---|---|---|---|
| LOCAL 309, ELECTRICAL HEALTH AND WE | Other Service Provider | $23,249 | — | $23,249 |
| SCHEFFEL BOYLE | Other Service Provider | $11,600 | — | $11,600 |
| MERRILL | Other Service Provider | $5,623 | — | $5,623 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,472
- Estimated Expense Ratio: 1.298% 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 | $45,154 | $5,623 | — | — | — |
| 2023 | $45,866 | $2,413 | — | $10,560 | — |
| 2022 | $36,398 | $539 | — | — | $16,649 |