Plan Snapshot
- Plan Sponsor: Mado Management, L.P.
- Sponsor EIN: 363963193
- Sponsor Address: 405 NORTH WABASH AVENUE, CHICAGO, IL, 60611
- Plan Type: 401(k)
- Total Participants: 351
- Total Assets: $3.2M
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 | 351 | $3.2M | $54,359 | $219,066 |
| 2023 | 341 | $2.9M | $35,739 | $216,268 |
| 2022 | 324 | $2.4M | $47,498 | $204,531 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $31,412 | — | $31,412 |
| PCF INSURANCE SERVICES OF THE WEST | OTHER SERVICES | — | $7,158 | $7,158 |
| CASSELL PLAN AUDITS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,570
- Estimated Expense Ratio: 1.209% 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 | $33,538 | $3,650 | $29,888 | — | — |
| 2023 | $30,920 | — | $30,920 | — | — |
| 2022 | $18,078 | — | $9,727 | — | $8,351 |