Plan Snapshot
- Plan Sponsor: Concept Laboratories, INC.
- Sponsor EIN: 364019770
- Sponsor Address: 1400 WEST WABANSIA, CHICAGO, IL, 60642
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $3.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 119 | $3.5M | $327,845 | $341,945 |
| 2023 | 135 | $3.9M | $235,283 | $306,752 |
| 2022 | 99 | $2.8M | $211,848 | $217,289 |
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 |
|---|---|---|---|---|
| NADLER FINANCIAL GROUP | Investment Advisor | $14,594 | — | $14,594 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,594
- Estimated Expense Ratio: 0.414% 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 | $17,294 | $14,594 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |