# Northwestern College 401(k) Plan
Source: https://planprovider.pro/companies/northwestern-college-401k-plan

> Northwestern College&#39;s 401(k) plan: 70 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Northwestern College

- **Sponsor EIN:** 363074137

- **Sponsor Address:** 7725 S HARLEM AVE, BRIDGEVIEW, IL, 60455

- **Plan Type:** 401(k)

- **Total Participants:** 70

- **Total Assets:** $1.9M

## 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|70|$1.9M|$0|$89,185|

| 2023|70|$2.6M|$0|$188,002|

| 2022|63|$2.9M|$0|$195,359|

## 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|

| SMITH AND HOWARD PC|OTHER|$24,000|—|$24,000|

| EMPOWER ANNUITY INSURANCE COMPANY O|RECORDKEEPER|$12,723|—|$12,723|

| UBS FINANCIAL SERVICES INC|INVESTMENT ADVISOR|$6,296|—|$6,296|

| SMITH + HOWARD|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $43,019

- **Estimated Expense Ratio:** 2.285% 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|$19,642|$6,919|—|—|—|

| 2023|$28,366|$8,031|—|$8,000|—|

| 2022|$19,390|—|$19,390|—|—|

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