Plan Snapshot
- Plan Sponsor: Plote Construction, INC.
- Sponsor EIN: 362814492
- Sponsor Address: 1100 BRANDT DR, HOFFMAN ESTATES, IL, 601921676
- Plan Type: 401(k)
- Total Participants: 138
- Total Assets: $24.9M
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 | 138 | $24.9M | $362,425 | $1.3M |
| 2023 | 129 | $23.4M | $348,277 | $1.2M |
| 2022 | 124 | $21.3M | $362,345 | $1.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $8,032 | — | $8,032 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $5,613 | — | $5,613 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,645
- Estimated Expense Ratio: 0.055% 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 | $13,645 | $5,613 | — | — | — |
| 2023 | $22,895 | $3,479 | — | — | — |
| 2022 | $13,426 | $2,947 | — | — | — |