Plan Snapshot
- Plan Sponsor: Avenue Logistics, LLC
- Sponsor EIN: 272357711
- Sponsor Address: 1457 N. HALSTED ST.,, CHICAGO, IL, 60642
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 175
- Total Assets: $9.0M
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. |
|---|---|---|---|---|
| 2025 | 175 | $9.0M | $0 | $0 |
| 2024 | 158 | $7.0M | $328,219 | $1.0M |
| 2023 | 166 | $5.3M | $252,041 | $979,876 |
| 2022 | 157 | $3.6M | $298,715 | $883,274 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH | Other Service Provider | $23,971 | — | $23,971 |
| LINCOLN NATIONAL CORPORATION | Other Service Provider | $23,240 | — | $23,240 |
| SASSETTI LLC | Auditor | $5,000 | — | $5,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,211
- Estimated Expense Ratio: 0.578% 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 |
|---|---|---|---|---|---|
| 2025 | $717,691 | $23,971 | $23,240 | $5,000 | — |
| 2024 | $36,708 | $14,426 | $22,282 | — | — |
| 2023 | $40,372 | $6,282 | $18,119 | $15,971 | — |
| 2022 | $29,457 | — | $29,457 | — | — |