Plan Snapshot
- Plan Sponsor: Institute Of Gas Technology
- Sponsor EIN: 362170137
- Sponsor Address: 1700 SOUTH MOUNT PROSPECT ROAD, DES PLAINES, IL, 600181804
- Plan Type: DC
- Total Participants: 299
- Total Assets: $102.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 299 | $102.8M | $4.4M | $0 |
| 2023 | 272 | $96.3M | $4.0M | $0 |
| 2022 | 266 | $87.9M | $3.9M | $0 |
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 |
| THE ANGELL PENSION GROUP, INC. | THIRD PARTY ADMIN | $11,156 | — | $11,156 |
| STRATEGIC RETIREMENT PARTNERS | SERVICE PROVIDER | $9,729 | — | $9,729 |
| GLOBAL RETIREMENT PARTNERS, LLC | SERVICE PROVIDER | $9,347 | — | $9,347 |
| PLANTE & MORAN PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLANTE & MORAN LLC — AUDITOR
- GLOBAL RETIREMENT PARTNERS, LLC — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $50,903
- Estimated Expense Ratio: 0.050% 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 | $98,092 | — | $98,092 | — | — |
| 2023 | $89,738 | $16,942 | $55,541 | $17,255 | — |
| 2022 | $79,520 | — | $79,520 | — | — |