Plan Snapshot
- Plan Sponsor: Bible League
- Sponsor EIN: 362037761
- Sponsor Address: 3801 EAGLE NEST DR, CRETE, IL, 604171993
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 126
- Total Assets: $15.8M
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 | 126 | $15.8M | $0 | $0 |
| 2024 | 91 | $16.1M | $492,160 | $679,757 |
| 2023 | 96 | $16.7M | $465,836 | $662,197 |
| 2022 | 95 | $15.0M | $438,977 | $669,323 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $44,974 | — | $44,974 |
| WELLTH ADVISORY SERVICES, LLC | Other Service Provider | — | $17,500 | $17,500 |
| ADVANCED PLANNING SOLUTIONS, INC. | Other Service Provider | — | $5,001 | $5,001 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,475
- Estimated Expense Ratio: 0.427% 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 | $3,240,468 | — | $44,974 | — | — |
| 2024 | $47,189 | — | $47,189 | — | — |
| 2023 | $43,771 | — | $43,771 | — | — |
| 2022 | $41,749 | — | $41,749 | — | — |