Plan Snapshot
- Plan Sponsor: H.W. Lochner, INC.
- Sponsor EIN: 362338811
- Sponsor Address: 225 W. WASHINGTON STREET, CHICAGO, IL, 60606
- Plan Type: 401(k)
- Total Participants: 797
- Total Assets: $151.1M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 797 | $151.1M | $2.3M | $5.3M |
| 2023 | 644 | $137.4M | $1.7M | $4.6M |
| 2022 | 621 | $118.0M | $1.1M | $3.9M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSUR AND ANNUITY | Other Service Provider | $39,580 | $29 | $39,609 |
| VOYA RETIREMENT ADVISORS, LLC | Other Service Provider | $15,028 | — | $15,028 |
| THE ANGELL PENSION GROUP, INC. | Recordkeeper | $8,633 | — | $8,633 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,270
- Estimated Expense Ratio: 0.042% 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 | $122,800 | $63,241 | $35,775 | — | — |
| 2023 | $119,132 | $25,864 | $21,753 | — | — |
| 2022 | $41,963 | — | $41,963 | — | — |