Plan Snapshot
- Plan Sponsor: Ace Hardware Corporation
- Sponsor EIN: 360700810
- Sponsor Address: 2915 JORIE BLVD., OAK BROOK, IL, 60523
- Plan Type: 401(k)
- Total Participants: 6,953
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,953 | $1.2B | $40.7M | $34.6M |
| 2023 | 6,697 | $1.0B | $43.9M | $33.6M |
| 2022 | 6,632 | $868.2M | $45.7M | $31.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ERNST & YOUNG | Auditor | $37,150 | — | $37,150 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,150
- Estimated Expense Ratio: 0.003% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | -$16,556 | $122,000 | $900 | $37,150 | — |
| 2023 | $15,989 | $122,000 | $3,000 | $24,300 | — |
| 2022 | $32,943 | — | — | — | — |