Plan Snapshot
- Plan Sponsor: Advancion Corporation
- Sponsor EIN: 363185557
- Sponsor Address: 1500 EAST LAKE COOK ROAD, BUFFALO GROVE, IL, 60089
- Plan Type: DB
- Total Participants: 65
- Total Assets: $10.5M
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 | 65 | $10.5M | $1.1M | $0 |
| 2023 | 73 | $10.0M | $645,115 | $0 |
| 2022 | 78 | $8.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| CREATIVE PLANNING | INVESTMENT MANAGEMENT | $20,000 | — | $20,000 |
| FIRST STATE TRUST COMPANY | TRUSTEE | $5,707 | — | $5,707 |
| THE ANGELL PENSION GROUP, INC. | NONE | $5,004 | — | $5,004 |
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING — INVESTMENT MANAGEMENT
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,711
- Estimated Expense Ratio: 0.292% 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 | $30,711 | $20,000 | — | — | — |
| 2023 | $37,291 | $20,000 | — | — | — |
| 2022 | $34,405 | $25,000 | — | — | $2,513 |