Plan Snapshot
- Plan Sponsor: Trustees Of The Plumbers And Pipefitters Local 553
- Sponsor EIN: 376052808
- Sponsor Address: 2 S WESLEY DR, EAST ALTON, IL, 620242097
- Plan Type: DB
- Total Participants: 277
- Total Assets: $59.7M
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 | 277 | $59.7M | $4.4M | $0 |
| 2023 | 273 | $54.3M | $4.0M | $0 |
| 2022 | 245 | $49.9M | $4.0M | $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 |
|---|---|---|---|---|
| BUSEY BANK | Other Service Provider | $66,450 | — | $66,450 |
| EKON ADVISORS | Other Service Provider | $29,920 | — | $29,920 |
| PLUMBERS 553 HEALTH & WELFARE FUND | Other Service Provider | $26,858 | — | $26,858 |
| EKON BENEFITS | Other Service Provider | $25,115 | — | $25,115 |
| ANDERS, MINKLER, HUBER, HELM LLP | Auditor | $21,000 | — | $21,000 |
| MORICE, LIST, & ASSOCIATES | Other Service Provider | $13,200 | — | $13,200 |
| HAMMOND AND SHINNERS, P.C. | Other Service Provider | $11,571 | — | $11,571 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANDERS, MINKLER, HUBER, HELM LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $194,114
- Estimated Expense Ratio: 0.325% 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 | $228,411 | $94,271 | — | $34,200 | — |
| 2023 | $213,808 | $85,470 | — | $22,908 | — |
| 2022 | $213,628 | $87,128 | — | — | $66,344 |