Plan Snapshot
- Plan Sponsor: Kenneth Young Center
- Sponsor EIN: 237181444
- Sponsor Address: 1001 ROHLWING ROAD, ELK GROVE VILLAGE, IL, 60007
- Plan Type: 403(b)
- Total Participants: 337
- Total Assets: $12.3M
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 | 337 | $12.3M | $187,512 | $910,510 |
| 2023 | 348 | $10.9M | $166,859 | $897,843 |
| 2022 | 280 | $8.3M | $128,543 | $648,988 |
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 |
|---|---|---|---|---|
| DUGAN & LOPATKA | Auditor | $21,335 | — | $21,335 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,335
- Estimated Expense Ratio: 0.173% 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 | $68,208 | — | $46,873 | $21,335 | — |
| 2023 | $53,429 | $16,413 | — | — | — |
| 2022 | $48,885 | — | $48,885 | — | — |