Plan Snapshot
- Plan Sponsor: Gailey Eye Clinic, Ltd.
- Sponsor EIN: 370924192
- Sponsor Address: 1008 MAIN STREET, BLOOMINGTON, IL, 617020757
- Plan Type: 401(k)
- Total Participants: 238
- Total Assets: $29.0M
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 | 238 | $29.0M | $762,250 | $790,956 |
| 2023 | 229 | $24.6M | $621,310 | $808,893 |
| 2022 | 230 | $23.2M | $634,057 | $816,922 |
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 |
|---|---|---|---|---|
| STRIEGEL, KNOBLOCH & CO. LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $61,571 | — | $61,571 | — | — |
| 2023 | $56,257 | — | $56,257 | — | — |
| 2022 | $58,607 | — | — | — | $58,607 |