Plan Snapshot
- Plan Sponsor: Family Focus
- Sponsor EIN: 362166998
- Sponsor Address: 5467 S. UNIVERSITY AVENUE, CHICAGO, IL, 60615
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 389
- Total Assets: $7.9M
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 | 389 | $7.9M | $776,503 | $647,143 |
| 2023 | 321 | $6.0M | $626,772 | $489,196 |
| 2022 | 297 | $4.3M | $546,713 | $397,548 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $33,319 | — | $33,319 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,319
- Estimated Expense Ratio: 0.423% 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 | $36,607 | $3,288 | — | — | — |
| 2023 | $26,088 | $2,489 | — | — | — |
| 2022 | $17,847 | $1,526 | — | — | — |