Plan Snapshot
- Plan Sponsor: Search, INC.
- Sponsor EIN: 237058758
- Sponsor Address: 1925 N. CLYBOURN AVENUE, SUITE 200, CHICAGO, IL, 60614
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 250
- Total Assets: $15.3M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 250 | $15.3M | $1.3M | $355,654 |
| 2023 | 207 | $12.8M | $1.1M | $311,341 |
| 2022 | 209 | $12.0M | $933,916 | $285,718 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE CO. USA | Recordkeeper | $8,495 | — | $8,495 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE CO. USA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,495
- Estimated Expense Ratio: 0.056% 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 | $98,214 | $1,350 | $18,060 | — | — |
| 2023 | $53,542 | — | $29,390 | $14,050 | — |
| 2022 | $85,357 | — | $43,049 | — | $42,308 |