Plan Snapshot
- Plan Sponsor: Leap Services, INC.
- Sponsor EIN: 825482221
- Sponsor Address: 207 E OHIO STREET #115, CHICAGO, IL, 60611
- Plan Type: 401(k)
- Total Participants: 700
- Total Assets: $2.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 700 | $2.9M | $44,835 | $573,600 |
| 2023 | 437 | $2.5M | $216,178 | $846,329 |
| 2022 | 368 | $853,575 | $92,743 | $257,461 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $17,498 | — | $17,498 |
| RESOURCES INVESTMENT ADVISORS. | NONE | $13,651 | — | $13,651 |
| KRUGGEL, LAWTON AND COMPANY LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- KRUGGEL, LAWTON AND COMPANY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,149
- Estimated Expense Ratio: 1.087% 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 | $31,149 | $13,651 | $17,498 | — | — |
| 2023 | $20,717 | $8,554 | $12,163 | — | — |
| 2022 | $84 | $9 | $75 | — | — |