# Great Lakes Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/great-lakes-credit-union-401k-plan

> Great Lakes Credit Union's 401(k) plan: 274 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Great Lakes Credit Union

- **Sponsor EIN:** 361163912

- **Sponsor Address:** 2111 WAUKEGAN RD, BANNOCKBURN, IL, 600151830

- **Plan Type:** 401(k)

- **Total Participants:** 274

- **Total Assets:** $23.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **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|274|$23.3M|$725,102|$1.4M|

| 2023|226|$20.0M|$651,872|$1.3M|

| 2022|234|$17.1M|$556,343|$1.2M|

## 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|

| DOEREN MAYHEW ASSURANCE|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [DOEREN MAYHEW ASSURANCE](https://planprovider.pro/provider/doeren-mayhew-assurance) — 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|$33,667|—|$33,667|—|—|

| 2023|$30,248|—|$30,248|—|—|

| 2022|$46,970|—|$46,970|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/great-lakes-credit-union-401k-plan)

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