Plan Snapshot
- Plan Sponsor: Professional Services Group, INC.
- Sponsor EIN: 391442732
- Sponsor Address: 6233 39TH AVENUE, KENOSHA, WI, 53142
- Plan Type: 401(k)
- Total Participants: 402
- Total Assets: $17.1M
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 | 402 | $17.1M | $548,033 | $839,677 |
| 2023 | 419 | $15.2M | $713,411 | $729,687 |
| 2022 | 332 | $12.6M | $611,812 | $580,146 |
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 |
|---|---|---|---|---|
| JULY BUSINESS SERVICES LLC | TPA AND RECORDKEEPER | $62,906 | — | $62,906 |
| HTLF RETIREMENT PLAN SERVICES | INVESTMENT ADVISOR | $42,230 | — | $42,230 |
| ECS FINANCIAL SERVICES | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JULY BUSINESS SERVICES LLC — TPA AND RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,136
- Estimated Expense Ratio: 0.617% 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 | $105,136 | $42,230 | $17,405 | — | — |
| 2023 | $71,055 | $14,189 | $38,541 | — | — |
| 2022 | $63,909 | $58,634 | — | — | — |