Plan Snapshot
- Plan Sponsor: Prince Industries LLC
- Sponsor EIN: 362875547
- Sponsor Address: 745 N. GARY AVE., CAROL STREAM, IL, 60188
- Plan Type: 401(k)
- Total Participants: 350
- Total Assets: $19.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 350 | $19.8M | $492,979 | $999,286 |
| 2023 | 175 | $12.4M | $285,821 | $601,702 |
| 2022 | 160 | $10.3M | $262,489 | $534,027 |
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 |
|---|---|---|---|---|
| CHRISTENSEN GROUP FINANCIAL LLC | Investment Advisor | $36,572 | — | $36,572 |
| GALLAGHER FIDUCIARY ADVISORS LLC | Investment Advisor | $14,551 | — | $14,551 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHRISTENSEN GROUP FINANCIAL LLC — Investment Advisor
- GALLAGHER FIDUCIARY ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,123
- Estimated Expense Ratio: 0.258% 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 | $53,185 | $51,123 | — | — | — |
| 2023 | $12,898 | $11,404 | — | — | — |
| 2022 | $3,494 | — | — | — | — |