Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k) Plan: Login, Facts & Contact Information

Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k) Plan Facts

Plan name
MECHANICS LOCAL NO. 701 DEFINED CONTRIBUTION 401(K
Plan type
401(k)
Plan sponsor
BD OF TRUSTEES AUTOMOBILE MECHANICS LOCAL NO 701 DEFINED CONTRIBUTION
Participants
4,955 (4,321 active employees)
Plan assets
$82,907,098 at Dec 31, 2024
Average account balance
$19,187 across 4,321 accounts
Employer contributions
$1,602,262 in plan year 2024 (14% of all contributions)
Recordkeeper
Milliman, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2015
— Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window— Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 30, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $11.1 million went into the plan in contributions, $1.60 million of it from the employer (14%).
  • $4.26 million was paid out to participants.
  • Investment and other income added $9.15 million.
  • Administrative expenses were $474,689, about $110 per account.

How the Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,974$24.9 million$694,861$797,587
20204,332$36.1 million$1.06 million$789,554
20214,436$49.6 million$1.92 million$1.28 million
20224,485$48.6 million$2.18 million$2.21 million
20234,875$67.4 million$2.46 million$2.35 million
20244,955$82.9 million$1.60 million$4.26 million

Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k) Contact Information

Phone
708-482-0110
Mailing address
361 S FRONTAGE ROAD SUITE 100, BURR RIDGE IL 605276393
Plan sponsor
BD OF TRUSTEES AUTOMOBILE MECHANICS LOCAL NO 701 DEFINED CONTRIBUTION
Employer identification number (EIN)
47-1959684
Plan number
001

Questions about the Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k)

Does Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $1.60 million in employer contributions for plan year 2024.

Does the Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k) plan?

4,955 participants at the start of plan year 2024, 4,321 of them active employees.

What is the average 401(k) balance at Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution?

About $19,187 per account: $82.9 million in plan assets across 4,321 accounts with a balance at the end of plan year 2024.

Who manages the Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution 401(k) accounts?

Milliman (listed on the filing as MILLIMAN, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Bd Of Trustees Automobile Mechanics Local No 701 Defined Contribution. How do I access my 401(k)?

Your account stays with Milliman after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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