Plan Snapshot
- Plan Sponsor: Darvin Furniture & Appliances Of Orland Park, INC.
- Sponsor EIN: 362685499
- Sponsor Address: 15400 LAGRANGE ROAD, ORLAND PARK, IL, 604624712
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $17.4M
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 | 186 | $17.4M | $143,017 | $959,626 |
| 2023 | 210 | $15.2M | $140,831 | $959,175 |
| 2022 | 221 | $13.5M | $155,187 | $1.0M |
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 |
|---|---|---|---|---|
| CAPITAL GROUP RETIREMENT PLAN SERVI | RECORDKEEPER | $19,892 | — | $19,892 |
| FIRST AMERICAN BANK | CONTRACT ADMIN | $16,844 | — | $16,844 |
| MERILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $13,971 | — | $13,971 |
| VRAKAS, S.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VRAKAS, S.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,707
- Estimated Expense Ratio: 0.292% 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 | $50,707 | — | — | — | — |
| 2023 | $43,411 | $9,410 | $17,479 | — | — |
| 2022 | $14,035 | $12,735 | $1,300 | — | — |