Plan Snapshot
- Plan Sponsor: Institute Of Gas Technology
- Sponsor EIN: 362170137
- Sponsor Address: 1700 S. MOUNT PROSPECT ROAD, DES PLAINES, IL, 600181804
- Plan Type: 403(b)
- Total Participants: 332
- Total Assets: $156.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 332 | $156.0M | $0 | $3.8M |
| 2023 | 306 | $146.2M | $0 | $3.3M |
| 2022 | 300 | $134.6M | $0 | $3.2M |
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 |
|---|---|---|---|---|
| PLANTE & MORAN, LLC | AUDITOR | $20,671 | — | $20,671 |
| PLANTE & MORAN PLLC | Auditor | $20,671 | — | $20,671 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $14,831 | — | $14,831 |
| STRATEGIC RETIREMENT PARTNERS | SERVICE PROVIDER | $14,668 | — | $14,668 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN, LLC — AUDITOR
- 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: $70,841
- Estimated Expense Ratio: 0.045% 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 | $94,011 | $29,499 | $2,395 | $20,671 | — |
| 2023 | $87,340 | $29,566 | $40,519 | $17,255 | — |
| 2022 | $78,354 | — | $78,354 | — | — |