Plan Snapshot
- Plan Sponsor: Trustees Of Plumbers & Pipefitters Local 172 Welfare Fund
- Sponsor EIN: 356022383
- Sponsor Address: 625 ENTERPRISE DRIVE, OAK BROOK, IL, 60523
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 581
- Total Assets: $22.2M
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 | 581 | $22.2M | $9.8M | $1.1M |
| 2023 | 594 | $20.6M | $8.9M | $1.2M |
| 2022 | 515 | $16.6M | $8.3M | $1.1M |
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 |
|---|---|---|---|---|
| EVERSIDE HEALTH LLC | Other Service Provider | $723,121 | — | $723,121 |
| ANTHEM INSURANCE COMPANIES, INC | Other Service Provider | $289,921 | — | $289,921 |
| BENEFIT MANAGEMENT GROUP, INC | Other Service Provider | $230,812 | — | $230,812 |
| TFBC LLC | Other Service Provider | $49,975 | — | $49,975 |
| LEGACY PROFESSIONALS LLP | Auditor | $48,441 | — | $48,441 |
| DELTA DENTAL | Other Service Provider | $32,754 | $2,769 | $35,523 |
| JOHNSON & KROL, LLC | Other Service Provider | $28,194 | — | $28,194 |
| INETICO, LLC (DBA VALENZ CARE) | Other Service Provider | $24,397 | — | $24,397 |
| OPTUM RX | Other Service Provider | $17,944 | $5,983 | $23,927 |
| STRATEGIC CAP INVEST ADVISORS, INC | Other Service Provider | $23,333 | — | $23,333 |
| HUNT INSURANCE AGENCY | Other Service Provider | $15,206 | — | $15,206 |
| EMPLOYEE RESOURCE SYSTEMS | Recordkeeper | $11,556 | — | $11,556 |
| PILLAR RX CONSULTING, LLC | Other Service Provider | $9,500 | — | $9,500 |
| AMALGAMATED BANK OF CHICAGO | Other Service Provider | $9,357 | — | $9,357 |
| TED WINDSOR & ASSOCIATES, LLC | Other Service Provider | $8,950 | — | $8,950 |
| SOMMERS & FAHRENBACH | Other Service Provider | $7,149 | — | $7,149 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
- EMPLOYEE RESOURCE SYSTEMS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,539,362
- Estimated Expense Ratio: 6.948% 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 | $437,377 | $26,033 | $208,817 | $35,200 | — |
| 2023 | $470,968 | $17,775 | $209,651 | $35,988 | — |
| 2022 | $416,393 | $22,069 | $190,765 | — | $154,054 |