Plan Snapshot
- Plan Sponsor: Illinois School Bus Co., INC.
- Sponsor EIN: 362369627
- Sponsor Address: 2100 CLEARWATER DRIVE, SUITE 250, OAK BROOK, IL, 60523
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $2.3M
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 | 116 | $2.3M | $200,857 | $20,537 |
| 2023 | 83 | $2.0M | $187,235 | $20,267 |
| 2022 | 98 | $1.7M | $170,498 | $16,118 |
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 |
|---|---|---|---|---|
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
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 | $25,590 | $8,141 | $17,449 | — | — |
| 2023 | $23,609 | $6,803 | $16,806 | — | — |
| 2022 | $19,543 | $6,257 | $13,286 | — | — |