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 |
|---|---|---|---|---|
| TEAMSTERS LOCAL UNION 301 GENERAL | Other Service Provider | $457,778 | — | $457,778 |
| SEGALL BRYANT & HAMILL | Other Service Provider | $295,216 | — | $295,216 |
| NATIONAL INVESTMENT SERVICES | Other Service Provider | $194,433 | — | $194,433 |
| SEI TRUST COMPANY | Other Service Provider | $155,392 | — | $155,392 |
| MARQUETTE ASSOCIATES, INC. | Other Service Provider | $125,000 | — | $125,000 |
| HORIZION ACTURIAL SERVICES, LLC | Other Service Provider | $104,684 | — | $104,684 |
| SARA HAFFNER- WOLF | Other Service Provider | $90,017 | — | $90,017 |
| PRUDENTIAL INSURANCE CO. | Recordkeeper | $84,940 | — | $84,940 |
| FRANK J BAKER & COMPANY, LTD | Other Service Provider | $73,680 | — | $73,680 |
| US BANK NATIONAL ASSOCIATION | Recordkeeper | $59,626 | — | $59,626 |
| MCGANN KETTERMAN & RIOUX | Other Service Provider | $59,600 | — | $59,600 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $33,337 | — | $33,337 |
| WRITE ON TARGET | Other Service Provider | $15,000 | — | $15,000 |
| WEST END PRESS INC | Other Service Provider | $12,030 | — | $12,030 |
| LIRACOM LLC | Other Service Provider | $10,774 | — | $10,774 |
| IFEBP | Other Service Provider | $8,987 | — | $8,987 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRUDENTIAL INSURANCE CO. — Recordkeeper
- US BANK NATIONAL ASSOCIATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,780,494
- Estimated Expense Ratio: 0.394% 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 |