Plan Snapshot
- Plan Sponsor: Advacare Systems, INC.
- Sponsor EIN: 363998557
- Sponsor Address: 2939 NORTH PULASKI ROAD, CHICAGO, IL, 606415421
- Plan Type: 401(k)
- Total Participants: 438
- Total Assets: $17.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 438 | $17.7M | $229,691 | $588,239 |
| 2023 | 426 | $15.9M | $355,208 | $584,092 |
| 2022 | 379 | $13.4M | $330,671 | $549,021 |
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 |
|---|---|---|---|---|
| NADLER FINANCIAL GROUP INC | Other Service Provider | $40,851 | — | $40,851 |
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $17,167 | — | $17,167 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,018
- Estimated Expense Ratio: 0.327% 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 | $59,164 | $40,851 | — | — | — |
| 2023 | $85,956 | — | — | — | — |
| 2022 | $89,019 | — | $89,019 | — | — |