Plan Snapshot
- Plan Sponsor: Guarantee Trust Life Insurance Company
- Sponsor EIN: 361174500
- Sponsor Address: 1275 MILWAUKEE AVE, GLENVIEW, IL, 60025
- Plan Type: 401(k)
- Total Participants: 296
- Total Assets: $57.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 296 | $57.0M | $1.3M | $1.9M |
| 2023 | 273 | $49.7M | $1.2M | $1.7M |
| 2022 | 275 | $40.6M | $1.1M | $1.5M |
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 |
|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | INVESTMENT ADVISOR | $60,808 | — | $60,808 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $56,526 | — | $56,526 |
| BRONSWICK BENJAMIN | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — INVESTMENT ADVISOR
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
- BRONSWICK BENJAMIN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $117,334
- Estimated Expense Ratio: 0.206% 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 | $121,522 | $60,808 | $55,646 | — | — |
| 2023 | $99,533 | $49,262 | $45,508 | — | — |
| 2022 | $103,435 | $48,580 | $54,855 | — | — |