Plan Snapshot
- Plan Sponsor: Butterfield Healthcare, INC. D/B/A Meadowbrook Manor
- Sponsor EIN: 363596557
- Sponsor Address: 648 N RIVER RD #100, NAPERVILLE, IL, 60563
- Plan Type: 401(k)
- Total Participants: 949
- Total Assets: $9.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 949 | $9.4M | $199,332 | $944,532 |
| 2023 | 561 | $8.4M | $189,333 | $848,118 |
| 2022 | 505 | $7.0M | $161,432 | $737,045 |
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 |
|---|---|---|---|---|
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $54,445 | $29,068 | $25,377 | — | — |
| 2023 | $45,379 | $23,571 | $21,808 | — | — |
| 2022 | $43,871 | $1,851 | $42,020 | — | — |