Plan Snapshot
- Plan Sponsor: Sandstone Healthcare Group
- Sponsor EIN: 871756829
- Sponsor Address: 4655 W CHASE, LINCOLNWOOD, IL, 60712
- Plan Type: 401(k)
- Total Participants: 1,120
- Total Assets: $1.6M
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 | 1,120 | $1.6M | $30,483 | $633,244 |
| 2023 | 811 | $998,999 | $20,732 | $442,883 |
| 2022 | 322 | $325,699 | $14,201 | $285,235 |
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 |
|---|---|---|---|---|
| OSTROW REISIN BERK & ABRAMS, LTD. | Auditor | $17,000 | — | $17,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- OSTROW REISIN BERK & ABRAMS, LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,000
- Estimated Expense Ratio: 1.052% 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 | $53,779 | $994 | $35,785 | $17,000 | — |
| 2023 | $73,502 | — | $66,252 | $7,250 | — |
| 2022 | $27,704 | — | — | — | $12,204 |