Plan Snapshot
- Plan Sponsor: National Able Network INC.
- Sponsor EIN: 237339397
- Sponsor Address: 567 WEST LAKE STREET,, CHICAGO, IL, 60661
- Plan Type: 401(k)
- Total Participants: 87
- Total Assets: $5.7M
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 | 87 | $5.7M | $178,836 | $286,641 |
| 2023 | 78 | $5.0M | $176,391 | $334,951 |
| 2022 | 85 | $4.4M | $191,850 | $339,918 |
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 |
|---|---|---|---|---|
| ASCENSUS | THIRD PARTY ADMINISTRATO | — | $17,321 | $17,321 |
| MOWERY & SCHOENFELD, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MOWERY & SCHOENFELD, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,321
- Estimated Expense Ratio: 0.301% 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 | $29,680 | — | $29,680 | — | — |
| 2023 | $18,833 | — | $18,833 | — | — |
| 2022 | $21,890 | — | $21,890 | — | — |