# Trustees Of The Iron Workers Local 498 Defined Benefit Plan DB Plan
Source: https://planprovider.pro/companies/trustees-of-the-iron-workers-local-498-defined-benefit-plan-plan

> Trustees Of The Iron Workers Local 498 Defined Benefit Plan's DB plan: 181 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Trustees Of The Iron Workers Local 498 Defined Benefit Plan

- **Sponsor EIN:** 363119818

- **Sponsor Address:** 625 ENTERPRISE DRIVE, OAK BROOK, IL, 605238813

- **Plan Type:** DB

- **Total Participants:** 181

- **Total Assets:** $34.3M

## 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|181|$34.3M|$4.4M|$0|

| 2023|173|$30.4M|$4.0M|$0|

| 2022|151|$27.7M|$3.4M|$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|

| CALIBRE CPA GROUP, LLC|Auditor|$20,000|—|$20,000|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [CALIBRE CPA GROUP, LLC](https://planprovider.pro/provider/calibre-cpa-group-pllc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $20,000

- **Estimated Expense Ratio:** 0.058% 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|$300,454|$53,382|$78,000|$20,000|—|

| 2023|$327,532|$56,354|$93,764|$18,000|—|

| 2022|$338,958|$72,480|$88,038|—|$124,680|

## Similar Plans

- [Brandenburg Industrial Service Company](https://planprovider.pro/companies/brandenburg-industrial-service-company-plan-001) — 183 participants

- [United Contractors Midwest, INC.](https://planprovider.pro/companies/united-contractors-midwest-inc-401k-plan) — 207 participants

- [Board Of Trustees Of District Council No. 14 Metal Polishers](https://planprovider.pro/companies/bd-of-trustees-of-district-council-14-metal-polishers-401-k-ret-plan-401k-plan) — 152 participants

- [Trstees Mach Mvrs,Riggers&Mach Erec Local 136 Supplemental Retire. Pla](https://planprovider.pro/companies/trstees-mach-mvrs-riggers-mach-erec-local-136-supplemental-retire-pla-plan) — 146 participants

- [Anson Industries INC.](https://planprovider.pro/companies/anson-industries-inc-401k-plan-002) — 237 participants

- [American Dream Home Improvemen](https://planprovider.pro/companies/american-dream-home-improvemen-401k-plan) — 247 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/trustees-of-the-iron-workers-local-498-defined-benefit-plan-plan)

© 2026 PlanProvider.Pro