Plan Snapshot
- Plan Sponsor: Gar Construction, LLC
- Sponsor EIN: 364481599
- Sponsor Address: 900 NATIONAL PARKWAY, SCHAUMBURG, IL, 60173
- Plan Type: 401(k)
- Total Participants: 406
- Total Assets: $15.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 406 | $15.3M | $758,498 | $1.9M |
| 2023 | 353 | $13.3M | $619,140 | $1.5M |
| 2022 | 286 | $10.0M | $487,307 | $1.1M |
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 |
|---|---|---|---|---|
| MILLER COOPER AND COMPANY, LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER COOPER AND COMPANY, LTD — Auditor
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 | $68,404 | $37,978 | $23,461 | — | — |
| 2023 | $73,450 | — | — | — | — |
| 2022 | $91,814 | — | $74,349 | — | $17,465 |