Plan Snapshot
- Plan Sponsor: Gads Hill Center
- Sponsor EIN: 362167082
- Sponsor Address: 1919 W. CULLERTON ST., CHICAGO, IL, 60608
- Plan Type: 401(k)
- Total Participants: 146
- Total Assets: $3.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 146 | $3.3M | $155,006 | $279,536 |
| 2023 | 156 | $2.8M | $123,706 | $223,117 |
| 2022 | 152 | $2.3M | $119,096 | $200,652 |
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 |
|---|---|---|---|---|
| FARO ADVISORY | INVESTMENT ADVISORY | $14,681 | — | $14,681 |
| JULY BUSINESS SERVICES LLC | RECORDKEEPER | $9,940 | — | $9,940 |
| SASSETTI, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JULY BUSINESS SERVICES LLC — RECORDKEEPER
- SASSETTI, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,621
- Estimated Expense Ratio: 0.739% 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 | $27,986 | $14,681 | $4,735 | — | — |
| 2023 | $24,393 | — | $21,443 | — | — |
| 2022 | $26,211 | $26,211 | — | — | — |