Plan Snapshot
- Plan Sponsor: Old Second Bancorp, INC.
- Sponsor EIN: 363143493
- Sponsor Address: 37 S. RIVER ST., AURORA, IL, 60506
- Plan Type: 401(k)
- Total Participants: 883
- Total Assets: $101.6M
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 | 883 | $101.6M | $2.3M | $5.0M |
| 2023 | 848 | $89.0M | $2.2M | $4.5M |
| 2022 | 808 | $75.8M | $2.0M | $4.2M |
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 |
|---|---|---|---|---|
| CHARLES SCHWAB TRUST BANK | NONE | $6 | $28,868 | $28,874 |
| EPIC RETIREMENT PLAN SERVICES | NONE | $27,475 | — | $27,475 |
| CHARLES SCHWAB & CO., INC. | NONE | $8,222 | — | $8,222 |
| PLANTE & MORAN PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHARLES SCHWAB TRUST BANK — NONE
- EPIC RETIREMENT PLAN SERVICES — NONE
- CHARLES SCHWAB & CO., INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,571
- Estimated Expense Ratio: 0.064% 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 | $27,480 | — | — | — | — |
| 2023 | $34,608 | — | — | — | — |
| 2022 | $15,492 | — | $15,492 | — | — |