Plan Ledger DOL Form 5500 · updated monthly

Trustees of Int'l Assn of Heat and Frost Insulators Loc 17 Annuity FdMoney purchase plan

INTERNATIONAL ASSOCIATION OF HEAT AND FROST INSULATORS LOCAL 17 ANNUITY FUND · TINLEY PARK, IL · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Trustees of Int'l Assn of Heat and Frost Insulators Loc 17 Annuity Fd reported $1,034,326 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~90% of peers. Employer contributions averaged $10,292 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 313th-largest of 3,702 plans among Illinois employers on file, and the 316th of 5,337 in construction. In 2024, the employer put in $7.14 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$215,646,361
Participants with balances1,435
Active participants1,163
Employer contributions$11,969,328
Employee contributions$1,676,673
Employer contribution per active participant$10,292
Average account balance$150,276
Benefits paid to participants$10,086,895
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$215.6M · 1,435 accts · $12.0M emplr
2023$193.8M · 1,458 accts · $10.6M emplr
2022$172.6M · 1,470 accts · $8.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,549
Investment management$752,062
Audit (IQPA)$29,930
Total administrative$1,034,326
Employer contributions to the Trustees of Int'l Assn of Heat and Frost Insulators Loc 17 Annuity Fd plan · 2024
Employer contribution per active participant$10,292
Median for plans this size$3,635
2024$10,292 per active participant
2023$8,886 per active participant
2022$7,101 per active participant

Trustees of Int'l Assn of Heat and Frost Insulators Loc 17 Annuity Fd's 2024 employer contribution ran above the $3,635 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 · 20246
LEGACY PROFESSIONALS LLP · Accounting / audit · Recordkeeping$44,479
BRIDGEWAY BENEFIT TECHNOLOGIES · Other services · Recordkeeping$8,540
STRATEGIC CAPITAL INVEST ADVS., INC · Investment advisory (plan)$53,500
MARY MCMULLIN$37,036
JOHNSON & KROL, LLC · Legal$19,724
JIM KLEMME · Accounting / audit$7,625

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

Recordkeeper by year2
2024BRIDGEWAY BENEFIT TECHNOLOGIES, LEGACY PROFESSIONALS LLP
2023BASYS, INC, LEGACY PROFESSIONALS LLP

This plan has changed recordkeepers within these filings. If you left Trustees of Int'l Assn of Heat and Frost Insulators Loc 17 Annuity Fd before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,034,326 · 0.51%
2023$1,006,213 · 0.55%
2022$983,235 · 0.53%
Similar plansConstruction · Illinois
Clayco, Inc. IL$242.2M · 0.22%
Morton Buildings, Inc. IL$211.2M · 0.07%
Tecta America Corp. IL$188.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 366754873 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.