Mechanics Local No. 701 Defined Contribution 401(K — Form 5500 plan (Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Mechanics Local No. 701 Defined Contribution 401(K is a benefit plan reported by Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution under EIN 47-1959684 and plan number 001. The latest loaded filing year is 2023. The filing reports 4,875 participants and $67,406,682 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution
- EIN
- 47-1959684
- Plan number
- 001
- Plan type
- 1
- Location
- Burr Ridge, IL
- Latest filing year
- 2023
- Participants
- 4,875
- End-of-year plan assets
- $67,406,682
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,875 | H, C | 20241007161113NAL0015483185003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $67,406,682
- Total liabilities (EOY)
- $75,956
- Net assets (EOY)
- $67,330,726
- Net assets (BOY)
- $48,595,401
Income & contributions
- Employer contributions
- $2,461,564
- Participant contributions
- $9,079,306
- Total contributions
- $11,755,846
- Total income / additions
- $21,513,061
Expenses & distributions
- Benefits paid
- $2,348,961
- Administrative expenses
- $428,775
- Total expenses
- $2,777,736
- Net increase / (decrease)
- $18,735,325
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Milliman, Inc. | NONE | $258,604 | not reported in the loaded dataset | 2023 |
| Strategic Capital Invest Advisors | NONE | $22,500 | not reported in the loaded dataset | 2023 |
| Johnson & Krol, LLC | NONE | $12,898 | not reported in the loaded dataset | 2023 |
| Bridgeway Software Solutions | NONE | $10,840 | not reported in the loaded dataset | 2023 |
| Morgan Lewis & Bockius Llp | NONE | $10,000 | not reported in the loaded dataset | 2023 |
| Calibre Cpa Group, Pllc | NONE | $5,000 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Burr Ridge, IL
- Milliman, Inc. — Schedule C compensation
- Strategic Capital Invest Advisors — Schedule C compensation
- Johnson & Krol, LLC — Schedule C compensation
- Bridgeway Software Solutions — Schedule C compensation
- Morgan Lewis & Bockius Llp — Schedule C compensation
- Calibre Cpa Group, Pllc — Schedule C compensation