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Plan Operations

Chicago Blower Corporation Profit Sharing and 401(k) Plans

This section describes and links to resources that can provide explanations of the Plans' legal and operational provisions including:

  • eligibility and enrollment;
  • salary deferral, rollover, and CBC employer matching (NEW for 2019 (Office Notice) (Union Notice) ) and profit sharing contributions;
  • allocation, deposit, and vesting of profit sharing contributions;
  • distributions and hardship withdrawals;
  • participant loans;
  • investment alternatives.

Summary Plan Description

The Summary Plan Description (SPD) is the legal document written by CBC's ERISA legal counsel to summarize the formal (and far more lengthy) Plan Document. There are separate SPD's for each of the two CBC Plans:

  • Click here (SPD) to view the Summary Plan Description for the [Non-Union] Chicago Blower Corporation Profit Sharing and 401(k) Arrangement.
  • Click here (SPD) to view the Summary Plan Description for the [Union] Chicago Blower Corporation Production and Maintenance Employees' Profit Sharing and 401(k) Arrangement.

Administrative Contacts and Responsibilities

Primary responsibility for day-to-day Plan administration is held by Compensation & Capital Administrative Services, Inc. (CCAS), the Plan's Third-Party Administrator (TPA). The predominance of participant interface with the TPA is accomplished over links within this website and by e-mail to their participant service associates team at [email protected]. The CCAS team responds to e-mail inquiries during normal business hours (approximately 9amCT thru 6pmCT) and can arrange for a phone call when a conversation will more effectively answer your needs. If you do not have an e-mail account, we strongly recommend that you establish one. When you do so, be sure that you update us with its e-mail address via an e-mail to us at [email protected]. For site security purposes, only participants with an e-mail address on file with the TPA may gain access to this site's secure personal Plan account data portal.

The Plans' comprehensive administrative responsibilities are shared by a team composed of:

    Kathy Redington: Lead Internal Plan Administrator's Agent
  • [email protected] or (630) 858-2600 x136
  • Payroll-related issues with Ongoing Participant Salary Deferral 401(k) Contributions
  • Employer/Sponsor Internal Plan administration LIASON
  • General Plan procedures guidance, and
    Scott Kossman: Trustee
  • [email protected] or (630) 858-2600
  • Employer/Sponsor Internal Plan administration LIASON and investment alternatives committee member
  • General Plan procedures guidance, and
    Susan Gohl: Trustee
  • [email protected] or (630) 858-2600
  • Employer/Sponsor representative and investment alternatives committee member, and
    Compensation & Capital: Third-Party Plan Administrator
  • [email protected]
  • Comprehensive oversight and explanations of Plan operations
  • Investment alternatives committee advisor
  • Transactions processing, recordkeeping, regulatory compliance
  • Inter-Venue balance transfers and Venue interface control
  • Vanguard Mutual Funds Venue comprehensive operations
  • Schwab PCRA Venue account registration maintenance
  • Distributions. Plan Loans and Rollover Contributions Initiations