Plan Snapshot
- Plan Sponsor: Illinois Network Of Child Care Resource And Referral Agencies
- Sponsor EIN: 364096312
- Sponsor Address: 1226 TOWANDA PLAZA, BLOOMINGTON, IL, 61701
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 237
- Total Assets: $9.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 237 | $9.3M | $626,525 | $1.0M |
| 2023 | 230 | $7.6M | $536,341 | $941,898 |
| 2022 | 231 | $5.5M | $252,229 | $695,238 |
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 | $36,191 | — | $36,191 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $16,416 | — | $16,416 |
| COMPENSATION SYSTEMS INC. | Other Service Provider | $4,680 | $3,929 | $8,609 |
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: $61,216
- Estimated Expense Ratio: 0.655% 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 | $22,478 | — | $22,478 | — | — |
| 2023 | $14,858 | — | $14,858 | — | — |
| 2022 | $3,105 | — | $3,105 | — | — |