Plan Snapshot
- Plan Sponsor: Russo Hardware INC
- Sponsor EIN: 363003620
- Sponsor Address: 9525 IRVING PARK ROAD, SCHILLER PARK, IL, 60176
- Plan Type: 401(k)
- Total Participants: 181
- Total Assets: $15.5M
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 | 181 | $15.5M | $410,657 | $557,263 |
| 2023 | 194 | $13.3M | $389,342 | $563,831 |
| 2022 | 180 | $11.0M | $406,112 | $626,935 |
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 |
|---|---|---|---|---|
| MILLER COOPER & CO. LTD. | Auditor | $46,133 | — | $46,133 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER COOPER & CO. LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,133
- Estimated Expense Ratio: 0.298% 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 | $56,137 | — | — | $46,133 | — |
| 2023 | $33,690 | $26,501 | — | — | — |
| 2022 | $44,218 | — | — | — | — |