Plan Snapshot
- Plan Sponsor: Illinois Mutual Life Insurance Company
- Sponsor EIN: 370344290
- Sponsor Address: 300 S.W. ADAMS STREET, PEORIA, IL, 616340001
- Plan Type: 401(k)
- Total Participants: 186
- Total Assets: $27.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 186 | $27.6M | $502,688 | $1.8M |
| 2023 | 203 | $27.0M | $467,626 | $1.6M |
| 2022 | 198 | $23.7M | $452,370 | $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 |
|---|---|---|---|---|
| CHOREO LLC | CONSULTANT | $48,000 | — | $48,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $5,819 | — | $5,819 |
| JOHNSON LAMBERT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- JOHNSON LAMBERT LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,819
- Estimated Expense Ratio: 0.195% 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 | $53,819 | — | — | — | — |
| 2023 | $75,750 | — | — | — | — |
| 2022 | $31,364 | — | — | — | — |