Plan Snapshot
- Plan Sponsor: Samaritan Ministries International
- Sponsor EIN: 371295601
- Sponsor Address: 6000 N. FOREST PARK DR., PEORIA, IL, 61614
- Plan Type: 401(k)
- Total Participants: 383
- Total Assets: $11.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 383 | $11.9M | $843,679 | $1.2M |
| 2023 | 393 | $9.2M | $802,893 | $1.1M |
| 2022 | 378 | $6.5M | $715,837 | $1.0M |
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 |
|---|---|---|---|---|
| DAVID VAUGHAN INVESTMENTS, INC. | Investment Advisor | $38,947 | — | $38,947 |
| ALLIANCE PENSION CONSULTANTS, LLC | Recordkeeper | $10,529 | — | $10,529 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAVID VAUGHAN INVESTMENTS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,476
- Estimated Expense Ratio: 0.417% 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 | $49,711 | $38,947 | — | — | — |
| 2023 | $40,020 | $30,436 | — | — | — |
| 2022 | $36,032 | $24,891 | — | — | $11,075 |