Plan Snapshot
- Plan Sponsor: Echo, INC.
- Sponsor EIN: 362754021
- Sponsor Address: 400 OAKWOOD ROAD, LAKE ZURICH, IL, 60047
- Plan Type: 401(k)
- Total Participants: 1,001
- Total Assets: $101.8M
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. |
|---|---|---|---|---|
| 2024 | 1,001 | $101.8M | $2.7M | $4.4M |
| 2023 | 1,037 | $90.2M | $2.8M | $4.4M |
| 2022 | 1,042 | $77.2M | $2.5M | $4.0M |
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 |
|---|---|---|---|---|
| ALLIANCE PENSION CONSULTANTS, LLC | RECORDKEEPER | $45,993 | — | $45,993 |
| CHARLES SCHWAB TRUST BANK | CUSTODIAN | — | $42,335 | $42,335 |
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — CUSTODIAN
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $88,328
- Estimated Expense Ratio: 0.087% 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 | $45,993 | — | — | — | — |
| 2023 | $41,384 | — | — | — | — |
| 2022 | $38,538 | — | — | — | $38,538 |