Plan Snapshot
- Plan Sponsor: Enercon, Ltd.
- Sponsor EIN: 362768271
- Sponsor Address: 820 DAVIS STREET, SUITE 300, EVANSTON, IL, 602014446
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $60.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 146 | $60.9M | $686,010 | $2.0M |
| 2023 | 142 | $52.0M | $762,123 | $1.9M |
| 2022 | 130 | $43.6M | $708,828 | $1.8M |
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 |
|---|---|---|---|---|
| CHARLES SCHWAB TRUST BANK | DIRECTED TRUSTEE | — | $47,892 | $47,892 |
| ALLIANCE PENSION CONSULTANTS, LLC | RECORDKEEPER | $18,276 | — | $18,276 |
| NATIONAL FINANCIAL PARTNERS | ADVISOR | $16,429 | — | $16,429 |
| PORTE BROWN LLC | ACCOUNTING | $14,100 | — | $14,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — DIRECTED TRUSTEE
- NATIONAL FINANCIAL PARTNERS — ADVISOR
- PORTE BROWN LLC — ACCOUNTING
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $96,697
- Estimated Expense Ratio: 0.159% 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 | $49,020 | $16,429 | — | $14,100 | — |
| 2023 | $45,148 | $15,000 | — | $12,500 | — |
| 2022 | $46,452 | $15,000 | — | — | $31,016 |