Plan Snapshot
- Plan Sponsor: Near North Title Group, LLC
- Sponsor EIN: 833626480
- Sponsor Address: 865 W. CARMEL - SUITE 110, CARMEL, IN, 46032
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 224
- Total Assets: $4.6M
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. |
|---|---|---|---|---|
| 2023 | 224 | $4.6M | $105,060 | $618,808 |
| 2022 | 130 | $2.5M | $95,929 | $562,045 |
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 |
|---|---|---|---|---|
| NEAR NORTH | Other Service Provider | $26,000 | — | $26,000 |
| PRINCIPAL LIFE INSURANCE COMPANY | Other Service Provider | $21,901 | — | $21,901 |
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | — | $19,280 | $19,280 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,181
- Estimated Expense Ratio: 1.464% 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 |
|---|---|---|---|---|---|
| 2023 | $47,832 | — | $21,902 | $25,930 | — |
| 2022 | $18,006 | — | $18,006 | — | — |