Plan Snapshot
- Plan Sponsor: Idealease, INC.
- Sponsor EIN: 363779757
- Sponsor Address: 430 N. RAND ROAD, NORTH BARRINGTON, IL, 60010
- Plan Type: 401(k)
- Total Participants: 155
- Total Assets: $24.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 155 | $24.2M | $436,500 | $1.2M |
| 2023 | 143 | $20.8M | $445,340 | $1.2M |
| 2022 | 134 | $16.6M | $433,635 | $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 |
|---|---|---|---|---|
| DOWELL GROUP, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOWELL GROUP, LLP — 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 | $11,815 | $5,471 | — | — | — |
| 2023 | $7,439 | $5,688 | — | — | — |
| 2022 | $7,894 | $8,250 | — | — | — |