Plan Snapshot
- Plan Sponsor: Senior Living Vii Operator Holdings, LLC
- Sponsor EIN: 273564554
- Sponsor Address: 2255 MONARCH DRIVE, NAPERVILLE, IL, 60563
- Plan Type: 401(k)
- Total Participants: 663
- Total Assets: $16.3M
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 | 663 | $16.3M | $527,950 | $1.8M |
| 2023 | 648 | $13.6M | $460,625 | $1.6M |
| 2022 | 507 | $10.5M | $431,104 | $1.4M |
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 |
|---|---|---|---|---|
| BEERS, HAMERMAN, COHEN & BURGER, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $16,711 | — | $16,711 | — | — |
| 2023 | $13,238 | — | $13,238 | — | — |
| 2022 | $13,842 | — | $13,842 | — | — |