Plan Snapshot
- Plan Sponsor: Peoplelink, LLC
- Sponsor EIN: 352154753
- Sponsor Address: 431 EAST COLFAX AVENUE SUITE 200, SOUTH BEND, IN, 46617
- Plan Type: 401(k)
- Total Participants: 1,280
- Total Assets: $16.7M
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 | 1,280 | $16.7M | $617,795 | $1.4M |
| 2023 | 2,571 | $15.0M | $542,549 | $1.3M |
| 2022 | 3,219 | $14.0M | $549,538 | $1.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $36,286 | — | $36,286 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $20,886 | — | $20,886 |
| WELLTH ADVISORY SERVICES LLC | Investment Advisor | $15,345 | — | $15,345 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $9,395 | — | $9,395 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $81,912
- Estimated Expense Ratio: 0.490% 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 | $81,912 | $45,626 | — | — | — |
| 2023 | $74,449 | $40,782 | — | — | — |
| 2022 | $73,045 | — | $73,045 | — | — |