# Guarantee Trust Life Insurance Company 401(k) Plan
Source: https://planprovider.pro/companies/guarantee-trust-life-insurance-company-401k-plan

> Guarantee Trust Life Insurance Company&#39;s 401(k) plan: 296 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/commonwealth-financial-network) — INVESTMENT ADVISOR

- [JOHN HANCOCK LIFE INSURANCE COMPANY](https://planprovider.pro/provider/john-hancock) — RECORDKEEPER

- [BRONSWICK BENJAMIN](https://planprovider.pro/provider/bronswick-benjamin-pc) — 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|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/guarantee-trust-life-insurance-company-401k-plan)

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