Plan Snapshot
- Plan Sponsor: Newberry Library
- Sponsor EIN: 362167814
- Sponsor Address: 60 WEST WALTON STREET, CHICAGO, IL, 606107324
- Plan Type: 403(b)
- Total Participants: 92
- Total Assets: $26.1M
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 | 92 | $26.1M | $242,967 | $412,560 |
| 2023 | 92 | $24.2M | $274,218 | $466,786 |
| 2022 | 93 | $22.6M | $271,660 | $439,885 |
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 |
|---|---|---|---|---|
| PLANTE MORAN | 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 | $17,593 | — | $17,593 | — | — |
| 2023 | $16,305 | — | $16,305 | — | — |
| 2022 | $15,280 | — | $15,280 | — | — |