Plan Snapshot
- Plan Sponsor: Peerless Network, INC.
- Sponsor EIN: 943479638
- Sponsor Address: 433 WEST VAN BUREN STREET SUITE 410, CHICAGO, IL, 60607
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $570,257 | $1.6M |
| 2022 | 219 | $10.9M | $301,218 | $1.7M |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | INVESTMENT ADVISOR | $29,432 | — | $29,432 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $11,738 | — | $11,738 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $7,318 | — | $7,318 |
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
- SIKICH CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $48,488
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 |
|---|---|---|---|---|---|
| 2023 | $67,209 | $43,135 | — | — | — |
| 2022 | $89,778 | — | $89,778 | — | — |