Plan Snapshot
- Plan Sponsor: Near North Montessori School
- Sponsor EIN: 362535895
- Sponsor Address: 1434 W. DIVISION, CHICAGO, IL, 606423778
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 186
- Total Assets: $13.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 186 | $13.5M | $392,267 | $676,499 |
| 2023 | 132 | $12.8M | $368,311 | $650,532 |
| 2022 | 119 | $12.1M | $311,366 | $654,307 |
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 | Recordkeeper | $31,613 | — | $31,613 |
| AXA EQUITABLE LIFE INSURANCE CO | Recordkeeper | $1,430 | $20,930 | $22,360 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AXA EQUITABLE LIFE INSURANCE CO — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,973
- Estimated Expense Ratio: 0.399% 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 | $30,858 | — | $30,858 | — | — |
| 2023 | $28,211 | — | $28,211 | — | — |
| 2022 | $14,473 | — | $14,473 | — | — |