Plan Snapshot
- Plan Sponsor: Napleton Schaumburg Motors, INC.
- Sponsor EIN: 363605103
- Sponsor Address: 110 W. GOLF ROAD, SCHAUMBURG, IL, 60195
- Plan Type: 401(k)
- Total Participants: 345
- Total Assets: $11.7M
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 | 345 | $11.7M | $270,542 | $1.3M |
| 2023 | 245 | $9.4M | $175,085 | $1.1M |
| 2022 | 168 | $7.9M | $142,519 | $881,693 |
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 ADVISORY, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $113,415 | — | $23,923 | — | — |
| 2023 | $85,543 | — | $8,800 | $10,127 | — |
| 2022 | $74,901 | — | $74,901 | — | — |