Plan Snapshot
- Plan Sponsor: Advanced Management Company, LLC
- Sponsor EIN: 202625655
- Sponsor Address: 6131 PARK RIDGE RD, LOVES PARK, IL, 61111
- Plan Type: 401(k)
- Total Participants: 53
- Total Assets: $2.0M
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. |
|---|---|---|---|---|
| 2023 | 53 | $2.0M | $47,344 | $93,143 |
| 2022 | 64 | $1.7M | $60,508 | $124,244 |
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 |
|---|---|---|---|---|
| DEFINITI LLC | Other Service Provider | $108,854 | — | $108,854 |
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $39,676 | — | $39,676 |
| WIPFLI LLP | Auditor | $33,506 | — | $33,506 |
| WELLS FARGO ADVISORS | Other Service Provider | $17,326 | — | $17,326 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — Recordkeeper
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $199,362
- Estimated Expense Ratio: 10.100% 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 |
|---|---|---|---|---|---|
| 2023 | $99,629 | $19,718 | $79,911 | — | — |
| 2022 | $30,039 | $19,247 | $10,792 | — | — |