Plan Snapshot
- Plan Sponsor: Trustees Of Teamsters Union No. 142 Pension Fund
- Sponsor EIN: 516051034
- Sponsor Address: 1300 CLARK ROAD, GARY, IN, 46404
- Plan Type: DB
- Total Participants: 2,035
- Total Assets: $638.6M
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. |
|---|---|---|---|---|
| 2025 | 2,035 | $638.6M | $0 | $0 |
| 2024 | 2,059 | $602.6M | $0 | $0 |
| 2023 | 1,982 | $582.1M | $0 | $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 |
|---|---|---|---|---|
| LEGACY PROFESSIONALS LLP | Auditor | $75,000 | — | $75,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEGACY PROFESSIONALS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,000
- Estimated Expense Ratio: 0.012% 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 |
|---|---|---|---|---|---|
| 2025 | $3,098,340 | $1,570,197 | $59,303 | $75,000 | — |
| 2024 | $7,066,402 | $1,567,624 | $45,969 | $75,000 | — |
| 2023 | $2,958,240 | $1,579,366 | $36,097 | — | $491,008 |