Retirement plan

LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN

Name: BOARD OF TRUSTEES LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN - LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN (2025) Form 5500
Creator: BOARD OF TRUSTEES LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN, BOARD OF TRUSTEES LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN

BOARD OF TRUSTEES LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLANEIN 84-3791959Plan #001PY 2025

1431 OPUS PLACE, SUITE 350 - DOWNERS GROVE, IL 60515630-288-6868

Prospect flagsLow returnsLow assets / participantLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$10.9M

+37.4% from 2024

Total participants

6,511

+47.9% from 2024

Average account balance

$1,684

-7.0% from 2024

Annual return

1.54%

-8.96 pp from 2024

Benchmarks

See 243 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants5,000-9,999

Cohort243 peers

Snapshot2025

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$10.91M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$2K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

6,480

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$465

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+1.54%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$58

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

See the 5-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 7 by compensation

Provider	Service type	Compensation
WILSON-MCSHANE CORPORATION5+ years Service code 13 · EIN 41-0956552	Contract Administrator	$253,219
LANER MUCHIN2 years Filed as: LANER, MUCHIN LTD Service code 29 · EIN 36-3088463	Legal	$30,475
THE BANK OF NEW YORK MELLON4 years Filed as: BANK OF AMERICA Service code 19 · EIN 56-0906609	Securities Custodian	$27,501
LEGACY PROFESSIONALS LLP3 years Service code 10 · EIN 32-0043599	Accounting	$22,423
HONSA-BINDER PRINTING, INC.1 year Service code 38 · EIN 41-1605232	Participant Communication	$13,860
SOMMERS AND FAHRENBACH, INC1 year Filed as: SOMMERS & FAHRENBACH INC Service code 38 · EIN 36-1796440	Participant Communication	$5,856
GREG KING1 year Service code 20 · EIN 84-3791959	Trustee (individual)	$5,387

Plan features & details

Pension benefit codes2E2F2H2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

4 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$379K

$59 / participant

Recordkeeping$2K0.6%
Trustee / custodial$28K7.3%
Legal$30K8.0%
Other trustee fees$12K3.1%
Contract admin$248K65.6%
Other / not subdivided$58K15.3%

% of EOY assets

3.470%

all-in expense ratio

Categories reported

5 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: LEGACY PROFESSIONALS LLP
Auditor EIN: 320043599
Audit fees: $20,000
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,684

$118,972-98.6%

$86,233-98.0%

$118,972-98.6%

Participation rate

99.5%

78.0%+21.6pp

69.0%+30.5pp

78.0%+21.6pp

Annual return

1.54%

15.19%-13.6pp

61.39%-59.8pp

15.19%-13.6pp

Employer contribution / active EE

$409

$3,776-89.2%

$2,504-83.7%

$3,776-89.2%

Participant deferral / active EE

$55

$6,017-99.1%

$4,559-98.8%

$6,017-99.1%

Admin fee / account holder

$58

$127-53.9%

$8,342-99.3%

$127-53.9%

Provider

Service type

Compensation

WILSON-MCSHANE CORPORATION5+ years

Service code 13 · EIN 41-0956552

Contract Administrator

$253,219

LANER MUCHIN2 years

Filed as: LANER, MUCHIN LTD

Service code 29 · EIN 36-3088463

Legal

$30,475

THE BANK OF NEW YORK MELLON4 years

Filed as: BANK OF AMERICA

Service code 19 · EIN 56-0906609

Securities Custodian

$27,501

LEGACY PROFESSIONALS LLP3 years

Service code 10 · EIN 32-0043599

Accounting

$22,423

HONSA-BINDER PRINTING, INC.1 year

Service code 38 · EIN 41-1605232

Participant Communication

$13,860

SOMMERS AND FAHRENBACH, INC1 year

Filed as: SOMMERS & FAHRENBACH INC

Service code 38 · EIN 36-1796440

Participant Communication

$5,856

GREG KING1 year

Service code 20 · EIN 84-3791959

Trustee (individual)

$5,387

LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOCAL NO. 1 SUBURBAN 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion