Plan Snapshot
- Plan Sponsor: Elgron, INC.
- Sponsor EIN: 300031670
- Sponsor Address: 311 NORTH ABERDEEN STREET 3RD FL, CHICAGO, IL, 60607
- Plan Type: 401(k)
- Total Participants: 105
- Total Assets: $21.7M
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 | 105 | $21.7M | $600,908 | $1.4M |
| 2023 | 92 | $17.1M | $511,096 | $1.2M |
| 2022 | 96 | $13.1M | $500,222 | $963,295 |
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 |
|---|---|---|---|---|
| INVESTMENT NAVIGATION LLC | INVESTMENT/FINANCIAL ADVI | $19,547 | — | $19,547 |
| DUFEK & COMPANY LLC | ACCOUNTANT | $14,750 | — | $14,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DUFEK & COMPANY LLC — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,297
- Estimated Expense Ratio: 0.158% 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 | $34,642 | $19,547 | — | $14,750 | — |
| 2023 | $21,034 | $20,194 | — | — | — |
| 2022 | $14,189 | — | — | — | — |