Plan Snapshot
- Plan Sponsor: Encore Group (Usa), LLC
- Sponsor EIN: 134025666
- Sponsor Address: 5100 N. RIVER ROAD, SUITE 300, SCHILLER PARK, IL, 60176
- Plan Type: 401(k)
- Total Participants: 10,531
- Total Assets: $453.2M
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 | 10,531 | $453.2M | $11.7M | $34.4M |
| 2023 | 9,014 | $385.3M | $10.7M | $30.5M |
| 2022 | 16,490 | $310.9M | $7.7M | $24.7M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER7 | $657,852 | — | $657,852 |
| GALLAGHER BENEFIT SERVICES INC DBA | ADVISOR | $80,000 | — | $80,000 |
| P&M HOLDING GROUP LLP DBA PLANTE | AUDITOR | $43,500 | — | $43,500 |
| ADVISED ASSETS GROUP, LLC | INVESTMENT MGMT | $26,937 | — | $26,937 |
| SIKICH CPA LLC | AUDITOR | $7,250 | — | $7,250 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SERVICES INC DBA — ADVISOR
- P&M HOLDING GROUP LLP DBA PLANTE — AUDITOR
- SIKICH CPA LLC — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $815,539
- Estimated Expense Ratio: 0.180% 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 | $815,539 | $26,937 | — | $130,750 | — |
| 2023 | $724,092 | $2,819 | $639,764 | — | — |
| 2022 | $552,824 | $2,682 | $490,142 | — | $60,000 |