# Trustees Of Plumbers & Pipefitters Local 172 Welfare Fund 401(k) Plan
Source: https://planprovider.pro/companies/trustees-of-plumbers-pipefitters-local-172-welfare-fund-356022383-501

> Trustees Of Plumbers & Pipefitters Local 172 Welfare Fund's 401(k) plan: 581 participants, plan year 2024 financials, providers, and benchmarks from Form 550…

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/legacy-professionals-llp) — Auditor

- [EMPLOYEE RESOURCE SYSTEMS](https://planprovider.pro/provider/employee-fiduciary) — 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|

## Similar Plans

- [Trustees Of Pipe Fitters Association Local 597](https://planprovider.pro/companies/trustees-of-pipe-fitters-association-local-597-plan) — 9,410 participants

- [Trustees Of Pipe Fitters Welfare Fund](https://planprovider.pro/companies/trustees-of-pipe-fitters-welfare-fund-362141703-501) — 6,745 participants

- [Trustees Of Pipe Fitters Retirement Fund Local 597](https://planprovider.pro/companies/trustees-of-pipe-fitters-retirement-fund-local-597-plan) — 6,601 participants

- [Board Of Trustees For The Plumber'S Retirement Savings Fund, Local 130](https://planprovider.pro/companies/board-of-trustees-for-the-plumber-s-retirement-savings-fund-local-130-plan) — 6,239 participants

- [Board Of Trustees Of The Plumbers' Welfare Fund, Local 130, U.A.](https://planprovider.pro/companies/board-of-trustees-of-the-plumbers-welfare-fund-local-130-u-a-364026252-501) — 3,685 participants

- [Trustees Of The Plumbers Pension Fund, Local 130, U.A.](https://planprovider.pro/companies/trustees-of-the-plumbers-pension-fund-local-130-u-a-366489579-001) — 3,098 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/trustees-of-plumbers-pipefitters-local-172-welfare-fund-356022383-501)

© 2026 PlanProvider.Pro