Plan Snapshot
- Plan Sponsor: Ace Hardware Corporation
- Sponsor EIN: 846786851
- Sponsor Address: 2915 JORIE BLVD., OAK BROOK, IL, 60523
- Plan Type: 401(k)
- Plan Number: 512
- Total Participants: 8,842
- Total Assets: $30.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 8,842 | $30.1M | $94.2M | $39.7M |
| 2023 | 8,768 | $22.7M | $27.8M | $106.6M |
| 2022 | 9,464 | $12.0M | $85.5M | $41.4M |
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 |
|---|---|---|---|---|
| UNITED HEALTHCARE SERVICES | Other Service Provider | $4,671,423 | — | $4,671,423 |
| BUSINESSOLVER | Other Service Provider | $645,408 | — | $645,408 |
| MARSH & MCLENNAN AGENCY | Investment Advisor | $528,975 | — | $528,975 |
| EMPYREAN | Other Service Provider | $335,992 | — | $335,992 |
| NEW AGE INSURANCE, LTD. | Other Service Provider | $223,085 | — | $223,085 |
| CIGNA | Other Service Provider | $191,288 | — | $191,288 |
| CAP RX | Other Service Provider | $186,599 | — | $186,599 |
| JOHNSON LAMBERT LLP | Auditor | $132,031 | — | $132,031 |
| CIRRUSMD | Other Service Provider | $115,596 | — | $115,596 |
| MARSH MANAGEMENT SERVICE, INC. | Other Service Provider | $82,125 | — | $82,125 |
| MCDERMOTT WILL & EMERY | Other Service Provider | $61,881 | — | $61,881 |
| EYEMED | Other Service Provider | $60,435 | — | $60,435 |
| MARSH USA | Investment Advisor | $45,041 | — | $45,041 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MARSH & MCLENNAN AGENCY — Investment Advisor
- JOHNSON LAMBERT LLP — Auditor
- MARSH USA — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,279,879
- Estimated Expense Ratio: 24.224% 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 | $12,291,212 | — | $9,688,953 | — | — |
| 2023 | $13,753,959 | — | $6,517,303 | — | — |
| 2022 | $5,370,183 | — | $7,051,965 | — | $236,595 |