Plan Snapshot
- Plan Sponsor: Lake County Plasterers & Cement Masons R
- Sponsor EIN: 363671021
- Sponsor Address: 20 NORTH MARTINGALE, SCHAUMBURG, IL, 60173
- Plan Type: DC
- Plan Number: 002
- Total Participants: 1,148
- Total Assets: $136.7M
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 | 1,148 | $136.7M | $10.3M | $0 |
| 2023 | 1,082 | $128.9M | $11.2M | $0 |
| 2022 | 995 | $112.2M | $11.6M | $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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SERVIC | Recordkeeper | $77,901 | — | $77,901 |
| GROUP ADMINISTRATORS, LTD. | Other Service Provider | $43,250 | — | $43,250 |
| CALIBRE CPA GROUP, PLLC | Auditor | $42,012 | — | $42,012 |
| AON HEWITT | Recordkeeper | $20,366 | — | $20,366 |
| BAUM SIGMAN AUERBACH & NEUMAN | Other Service Provider | $17,478 | — | $17,478 |
| MARQUETTE ASSOCIATES, INC. | Other Service Provider | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SERVIC — Recordkeeper
- CALIBRE CPA GROUP, PLLC — Auditor
- AON HEWITT — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $211,007
- Estimated Expense Ratio: 0.154% 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 | $229,512 | $10,000 | $43,250 | $15,000 | — |
| 2023 | $233,415 | $10,000 | $42,000 | $15,000 | — |
| 2022 | $268,317 | $98,986 | $46,565 | — | $107,674 |