Plan Snapshot
- Plan Sponsor: Neighborhood Loans, INC.
- Sponsor EIN: 202408098
- Sponsor Address: 1333 W. BUTTERFIELD ROAD, DOWNERS GROVE, IL, 60515
- Plan Type: 401(k)
- Total Participants: 566
- Total Assets: $18.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 566 | $18.7M | $776,288 | $2.5M |
| 2023 | 447 | $13.4M | $0 | $2.0M |
| 2022 | 446 | $9.4M | $1.3M | $2.5M |
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 |
|---|---|---|---|---|
| EIFEL RAMBO ADVISORY GROUP, LTD. | 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 | $92,835 | $53,424 | — | — | — |
| 2023 | $62,217 | $37,135 | — | — | — |
| 2022 | $48,678 | $28,061 | — | — | — |