Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Teamsters Local 727Profit-sharing plan

TEAMSTERS LOCAL 727 TRADE SHOW 401(K) PLAN · PARK RIDGE, IL · plan year 2024

Reported admin expense ratio · 2024
1.69%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Board of Trustees of Teamsters Local 727 reported $276,230 in plan administrative expenses for 2024: 1.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,891 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 1.84% to 1.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,697th-largest of 3,702 plans among Illinois employers on file, and the 619th of 2,534 in administrative & support services. In 2024, the employer put in $143.38 for every $1.00 employees contributed themselves; active participation has grown from 716 to 1,115 since 2022.

Plan summary
Net assets, end of year$19,862,379
Participants with balances1,115
Active participants1,115
Employer contributions$6,568,599
Employee contributions$45,812
Employer contribution per active participant$5,891
Average account balance$17,814
Benefits paid to participants$714,229
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.9M · 1,115 accts · $6.6M emplr
2023$12.9M · 1,083 accts · $4.7M emplr
2022$7.4M · 724 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,573
Investment management$7,500
Audit (IQPA)$11,000
Trustee / custodial$3,062
Total administrative$276,230
Employer contributions to the Board of Trustees of Teamsters Local 727 plan · 2024
Employer contribution per active participant$5,891
Median for plans this size$2,416
2024$5,891 per active participant
2023$4,381 per active participant
2022$6,074 per active participant

Board of Trustees of Teamsters Local 727's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
CTM LEGAL GROUP · Legal$21,831
LEGACY PROFESSIONALS LLP · Accounting / audit$11,000
STRATEGIC CAPITAL · Investment advisory (plan)$7,500
AMALGAMATED BANK · Custodial$3,062

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$276,230 · 1.69%
2023$95,066 · 0.94%
2022$103,117 · 1.84%
Similar plansAdministrative & Support Services · Illinois
Gee Group Inc. IL$23.4M · 0.15%
Diverzify Intermediate LLC IL$22.9M · 0.24%
Quincy Recycle Paper Inc. IL$20.7M · 0.51%
Skin Cure Oncology, LLC IL$20.2M · 0.07%
Jfm Enterprises, Inc. IL$16.7M · 0.22%
American Litho, Inc. IL$16.1M · 0.46%
Harris & Harris, LTD. IL$15.4M · 0.30%
Daniels Sharpsmart, Inc. IL$14.8M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842223917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.