Plan Ledger DOL Form 5500 · updated monthly

Trustees of Local 743 Ib of TProfit-sharing plan

LOCAL 743 SEVERANCE AND RETIREMENT PLAN · OAK BROOK, IL · plan year 2025

Reported admin expense ratio · 2025
1.99%

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

Trustees of Local 743 Ib of T reported $305,296 in plan administrative expenses for 2025: 1.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $332 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 4 years on file its reported administrative ratio has held roughly steady near 1.99%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (1,922nd of 3,702), and the 871st of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$16,053,683
Participants with balances3,039
Active participants3,039
Employer contributions$1,007,641
Employee contributions—
Employer contribution per active participant$332
Average account balance$5,283
Benefits paid to participants$1,138,006
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$16.1M · 3,039 accts · $1.0M emplr
2024$14.6M · 3,071 accts · $912K emplr
2023$13.6M · 2,931 accts · $834K emplr
2022$13.7M · 3,144 accts · $1.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$151,262
Investment management$59,067
Audit (IQPA)$22,450
Trustee / custodial$13,754
Total administrative$305,296
Employer contributions to the Trustees of Local 743 Ib of T plan · 2025
Employer contribution per active participant$332
Median for plans this size$2,666
2025$332 per active participant
2024$297 per active participant
2023$285 per active participant
2022$330 per active participant

Trustees of Local 743 Ib of T's 2025 employer contribution ran below the $2,666 median for plans its size, in the bottom 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20256
BENFITS MANAGEMENT GROUP INC. · Contract administrator$139,268
SEGALL, BRYANT & HAMILL · Investment management$59,067
CALIBRE CPA GROUP · Accounting / audit$55,854
LANER, MUCHIN LTD. · Accounting / audit$18,378
AMALGAMATED BANK OF CHICAGO · Custodial (securities)$13,754
BOND BROTHERS & CO. INC$7,227

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

Administrative cost history4
2025$305,296 · 1.99%
2024$319,419 · 2.26%
2023$264,645 · 1.94%
2022$317,170 · 2.08%
Similar plansTransportation & Warehousing · Illinois
Footprint Acquisition LLC IL$17.0M · 0.01%
Rjw Logistics Group, Inc. IL$16.6M · 1.46%
The Custom Companies, Inc. IL$16.3M · 0.40%
National van Lines Inc. IL$16.3M · 0.00%
Gebruder Weiss, Inc IL$15.8M · 0.40%
Rim Logistics, LTD IL$15.1M · 0.14%
Transdev Services, Inc. IL$14.3M · 1.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 366523353 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.