Plan Snapshot
- Plan Sponsor: Gallagher Corporation
- Sponsor EIN: 362547838
- Sponsor Address: 3908 MORRISON DRIVE, GURNEE, IL, 60031
- Plan Type: 401(k)
- Total Participants: 100
- Total Assets: $8.6M
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 | 100 | $8.6M | $222,401 | $441,129 |
| 2023 | 101 | $9.8M | $227,639 | $361,165 |
| 2022 | 123 | $8.6M | $228,997 | $307,496 |
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 |
|---|---|---|---|---|
| SMITH AND HOWARD | 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 | $6,082 | — | — | — | — |
| 2023 | $10,343 | — | — | — | — |
| 2022 | $4,250 | — | — | — | $4,250 |