Plan Snapshot
- Plan Sponsor: Arthur J. Gallagher (Illinois), LLC
- Sponsor EIN: 362481781
- Sponsor Address: 2850 GOLF ROAD, 8TH FLOOR, ROLLING MEADOWS, IL, 60008
- Plan Type: DB
- Total Participants: 1,137
- Total Assets: $313.3M
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 | 1,137 | $313.3M | $0 | $0 |
| 2023 | 982 | $231.3M | $0 | $0 |
| 2022 | 1,050 | $212.5M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $146,928 | — | $146,928 |
| FGMK LLC | NONE | $32,614 | — | $32,614 |
| DELOITTE TAX LLP | NONE | $8,262 | — | $8,262 |
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: $187,804
- Estimated Expense Ratio: 0.060% 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 | $188,348 | — | — | $32,614 | — |
| 2023 | $672,506 | — | — | $29,500 | — |
| 2022 | $525,595 | — | — | — | $38,748 |