Plan Snapshot
- Plan Sponsor: Legacy Healthcare Financial Services, LLC
- Sponsor EIN: 363151856
- Sponsor Address: 3450 OAKTON STREET, SKOKIE, IL, 60076
- Plan Type: 401(k)
- Total Participants: 6,840
- Total Assets: $104.8M
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 | 6,840 | $104.8M | $2.2M | $10.3M |
| 2023 | 5,898 | $61.7M | $1.2M | $8.0M |
| 2022 | 4,911 | $42.2M | $1.3M | $6.6M |
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 |
|---|---|---|---|---|
| SMITH & HOWARD, PC | Auditor | $17,075 | — | $17,075 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,075
- Estimated Expense Ratio: 0.016% 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 | $284,484 | — | — | $17,075 | — |
| 2023 | $241,801 | — | $216,113 | $25,688 | — |
| 2022 | $311,995 | — | $188,864 | — | $28,238 |