Plan Snapshot
- Plan Sponsor: Monroe Capital LLC
- Sponsor EIN: 201790541
- Sponsor Address: 311 SOUTH WACKER DRIVE SUITE 6400, CHICAGO, IL, 60606
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 242
- Total Assets: $41.4M
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 | 242 | $41.4M | $1.7M | $3.6M |
| 2023 | 212 | $30.9M | $1.4M | $3.3M |
| 2022 | 199 | $22.5M | $1.1M | $2.6M |
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 |
|---|---|---|---|---|
| SAGEVIEW ADVISORY GROUP, LLC | Investment Advisor | — | $52,030 | $52,030 |
| ASCENSUS C/O FUTUREPLAN | Recordkeeper | — | $20,389 | $20,389 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAGEVIEW ADVISORY GROUP, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,419
- Estimated Expense Ratio: 0.175% 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 | $113,050 | — | $113,050 | — | — |
| 2023 | $93,338 | — | $93,338 | — | — |
| 2022 | $85,638 | — | $85,638 | — | — |