Plan Snapshot
- Plan Sponsor: Trustees Of Teamsters Local 301
- Sponsor EIN: 366492992
- Sponsor Address: 36990 N GREENBAY ROAD, WAUKEGAN, IL, 60087
- Plan Type: DB
- Total Participants: 795
- Total Assets: $452.5M
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 | 795 | $452.5M | $13.9M | $0 |
| 2023 | 763 | $429.3M | $12.8M | $0 |
| 2022 | 743 | $404.3M | $12.1M | $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 |
|---|---|---|---|---|
| FRANK J. BAKER & CO., LTD. | Auditor | $73,680 | — | $73,680 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,680
- Estimated Expense Ratio: 0.016% 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 | $3,072,796 | $1,877,436 | $456,000 | $73,680 | — |
| 2023 | $2,612,067 | $1,490,705 | $456,000 | $56,299 | — |
| 2022 | $2,336,427 | $1,346,881 | $444,000 | — | $180,160 |