Plan Ledger DOL Form 5500 · updated monthly

Trustees of Teamsters Local 777 Severance and Retirement PlanMoney purchase plan

TEAMSTERS LOCAL 777 SEVERANCE AND RETIREMENT PLAN · LYONS, IL · plan year 2024

Reported admin expense ratio · 2024
3.77%

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

Trustees of Teamsters Local 777 Severance and Retirement Plan reported $264,279 in plan administrative expenses for 2024: 3.77% of average plan assets, higher than ~90% of peers. Employer contributions averaged $489 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 3.77%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (2,671st of 3,702), and 1,344th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$7,509,271
Participants with balances5,122
Active participants2,126
Employer contributions$1,039,459
Employee contributions—
Employer contribution per active participant$489
Average account balance$1,466
Benefits paid to participants$339,291
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 5,122 accts · $1.0M emplr
2023$6.5M · 4,781 accts · $958K emplr
2022$5.5M · 4,092 accts · $723K emplr
Administrative expenses, itemized · 2024
Investment management$64,079
Audit (IQPA)$13,000
Total administrative$264,279
Employer contributions to the Trustees of Teamsters Local 777 Severance and Retirement Plan plan · 2024
Employer contribution per active participant$489
Median for plans this size$1,313
2024$489 per active participant
2023$429 per active participant
2022$357 per active participant

Trustees of Teamsters Local 777 Severance and Retirement Plan's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MARITZA MUNIZ$94,844
JP MORGAN SECURITIES, LLC · Investment management$64,079
SHAHUL HAMEED ABDUL JAFFER · Other services$20,000
CALIBRE CPA GROUP, PLLC · Accounting / audit$13,000

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$264,279 · 3.77%
2023$211,369 · 3.52%
2022$218,367 · 3.71%
Similar plansTransportation & Warehousing · Illinois
Rjw Logistics, Inc. IL$8.0M · 1.37%
Rt&T Enterprises IL$7.5M · 0.60%
McLeod Express, LLC IL$7.4M · 0.64%
Avenue Logistics, LLC IL$7.0M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363980892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.