Plan Snapshot
- Plan Sponsor: Norwood Life Society
- Sponsor EIN: 562663863
- Sponsor Address: 6016 N NINA AVE, CHICAGO, IL, 606312439
- Plan Type: 401(k)
- Total Participants: 245
- Total Assets: $11.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 245 | $11.2M | $248,775 | $574,890 |
| 2023 | 480 | $9.9M | $303,671 | $581,648 |
| 2022 | 494 | $9.1M | $331,406 | $634,702 |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
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 | $67,056 | $34,532 | $32,524 | — | — |
| 2023 | $66,380 | $32,089 | $34,291 | — | — |
| 2022 | $70,992 | $32,923 | $38,069 | — | — |