Plan Snapshot
- Plan Sponsor: M2 Property Group, LLC
- Sponsor EIN: 272935039
- Sponsor Address: 4950 MADDISON ST, SKOKIE, IL, 60077
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 0 | $0 | $156,328 | $270,837 |
| 2023 | 118 | $1.2M | $114,265 | $222,221 |
| 2022 | 104 | $822,325 | $99,477 | $180,829 |
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 |
|---|---|---|---|---|
| IHT WEALTH MANAGEMENT LLC | Investment Advisor | $6,884 | — | $6,884 |
| ADP, INC. | Recordkeeper | $6,266 | — | $6,266 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,150
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 | $13,151 | — | — | — | — |
| 2023 | $115,324 | — | — | — | — |
| 2022 | $2,346 | — | — | — | — |