Plan Snapshot
- Plan Sponsor: Concentric Rockford INC.
- Sponsor EIN: 363262177
- Sponsor Address: 2222 15TH ST, ROCKFORD, IL, 611047313
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $18.1M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 171 | $18.1M | $0 | $721,606 |
| 2023 | 198 | $18.8M | $707,956 | $732,264 |
| 2022 | 178 | $16.7M | $0 | $662,148 |
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 |
|---|---|---|---|---|
| SMITH AND HOWARD | 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 | $74,905 | — | $74,905 | — | — |
| 2023 | $73,012 | — | $73,012 | — | — |
| 2022 | $67,649 | — | $67,649 | — | — |