Plan Snapshot
- Plan Sponsor: Illinois Education Association
- Sponsor EIN: 370343490
- Sponsor Address: 100 EAST EDWARDS ST., SPRINGFIELD, IL, 62704
- Plan Type: 401(k)
- Total Participants: 110
- Total Assets: $28.9M
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 | 110 | $28.9M | $567,088 | $873,608 |
| 2023 | 114 | $27.4M | $547,187 | $809,939 |
| 2022 | 106 | $24.0M | $524,491 | $816,522 |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS, LLC | Investment Advisor | $28,211 | — | $28,211 |
| T ROWE PRICE RPS INC | Other Service Provider | $24,617 | — | $24,617 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,828
- Estimated Expense Ratio: 0.183% 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 | $53,117 | — | — | — | — |
| 2023 | $55,327 | — | — | — | — |
| 2022 | $52,453 | — | — | — | $38,156 |