Plan Snapshot
- Plan Sponsor: Jel Sert Company
- Sponsor EIN: 361279850
- Sponsor Address: PO BOX 261, WEST CHICAGO, IL, 60185
- Plan Type: 401(k)
- Total Participants: 245
- Total Assets: $41.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 245 | $41.9M | $546,098 | $2.0M |
| 2023 | 220 | $39.4M | $597,488 | $1.9M |
| 2022 | 215 | $34.0M | $536,506 | $1.7M |
| 2021 | 208 | $43.4M | $0 | $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 |
|---|---|---|---|---|
| CASSELL PLAN AUDITS, INC | Auditor | $8,500 | — | $8,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,500
- Estimated Expense Ratio: 0.020% 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 | $78,064 | — | — | $8,500 | — |
| 2023 | $68,461 | — | — | $3,750 | — |
| 2022 | $72,038 | — | — | — | — |
| 2021 | $75,052 | — | — | — | — |