Form 5500 · Employee benefit plan · BURR RIDGE, IL
LOCAL NO. 731 I B OF T HEALTH AND WELFARE FUND
LOCAL NO. 731 I B OF T HEALTH AND WELFARE FUND of BURR RIDGE, IL is a 3,928-participant manufacturing employer whose group benefits are disclosed in its annual Form 5500 filing. Its broker of record is ELITE ADMINISTRATION & INS GRP INC. Coverage is written through BLUE CROSS BLUE SHIELD OF IL and 3 other carriers. The plan's most recent policy period ended in March.
Sourced from U.S. DOL EFAST2 Form 5500 · EIN 36-2392752 · plan 501 · as of Aug 2026
Plan brief
Schedule A lists 5 insured contracts covering health, vision, life and stop-loss; the largest, with BLUE CROSS BLUE SHIELD OF IL, covers 3,819 people.
The medical plan carries stop-loss coverage, which usually signals a self-funded health plan with insured protection against large claims.
Reported premium across the insured contracts is $57,017,766, with $35,029 in disclosed broker commissions — about 0.1% of premium.
The health contract's policy period ended in March, while at least one ancillary line renews in February — the plan is on a split renewal cycle.
ELITE ADMINISTRATION & INS GRP INC is the broker of record on 1 of the 5 contracts; the rest name a different broker or none.
Schedule A insurance contracts
| Carrier | Benefits | Covered | Renews | Premium | Commission |
|---|---|---|---|---|---|
| DEARBORN NATIONAL LIFE INSURANCE COMPANY | Life | 3,824 | February | $350,287 | $35,029 |
| THE UNION LABOR LIFE INSURANCE COMPANY | Stop-loss | 3,842 | February | $2,196,978 | $0 |
| BLUE CROSS BLUE SHIELD OF IL | Health | 3,819 | March | $53,886,335 | $0 |
| DAVIS VISION | Vision | 2,041 | June | $332,147 | $0 |
| DAVIS VISION | Vision | 1,773 | June | $252,019 | $0 |
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