Plan Snapshot
- Plan Sponsor: Mcgrath-Colosimo, Ltd.
- Sponsor EIN: 363780892
- Sponsor Address: 470 EAST OGDEN AVENUE, WESTMONT, IL, 60559
- Plan Type: 401(k)
- Total Participants: 174
- Total Assets: $31.8M
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 | 174 | $31.8M | $426,834 | $1.2M |
| 2023 | 172 | $27.2M | $405,998 | $1.2M |
| 2022 | 174 | $25.7M | $431,777 | $1.3M |
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 |
|---|---|---|---|---|
| JAMES M. JUENGLING & ASSOCIATES | PLAN ADVISOR | $27,942 | — | $27,942 |
| ASSOCIATED PENSION SERVICES, INC. | THIRD PARTY ADMINISTRATOR | $6,034 | $13,765 | $19,799 |
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $17,344 | $94 | $17,438 |
| VOYA RETIREMENT ADVISORS, LLC | SERVICE PROVIDER | $9,027 | — | $9,027 |
| KOLNICKI, PETERSON & WIRTH, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $74,206
- Estimated Expense Ratio: 0.233% 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 | $73,585 | $36,969 | $17,344 | — | — |
| 2023 | $55,008 | $7,400 | $19,675 | — | — |
| 2022 | $47,601 | $6,768 | $17,770 | — | $23,063 |