Plan Snapshot
- Plan Sponsor: Arthur J. Gallagher (Illinios), LLC.
- Sponsor EIN: 362481781
- Sponsor Address: 2850 GOLF ROAD, 8TH FLOOR, ROLLING MEADOWS, IL, 60008
- Plan Type: 401(k)
- Total Participants: 23,895
- Total Assets: $3.9B
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 | 23,895 | $3.9B | $105.4M | $200.1M |
| 2023 | 23,239 | $3.2B | $86.0M | $166.5M |
| 2022 | 20,416 | $2.8B | $73.8M | $193.9M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS CO OF AMERICA | NONE | $573,936 | — | $573,936 |
| EMPOWER ADVISORY GROUP, LLC | RECORDKEEPER | $243,172 | — | $243,172 |
| FGMK, LLC | NONE | $57,013 | — | $57,013 |
| DELOITTE TAX LLP | NONE | $7,128 | — | $7,128 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FGMK, LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $881,249
- Estimated Expense Ratio: 0.023% 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 | $884,939 | $243,172 | — | $57,013 | — |
| 2023 | $652,984 | $89,557 | — | $44,340 | — |
| 2022 | $1,242,930 | $792 | — | — | $64,690 |