Plan Snapshot
- Plan Sponsor: Shodeen Group, LLC
- Sponsor EIN: 461638946
- Sponsor Address: 77 N. FIRST ST., GENEVA, IL, 60134
- Plan Type: 401(k)
- Total Participants: 119
- Total Assets: $14.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 119 | $14.0M | $176,703 | $696,120 |
| 2023 | 112 | $12.6M | $177,210 | $655,670 |
| 2022 | 123 | $10.7M | $175,266 | $649,092 |
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 |
|---|---|---|---|---|
| DAVIDSON PARGMAN & COMPANY, LLC | 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 | $50,806 | $32,745 | — | — | — |
| 2023 | $45,925 | $28,077 | — | — | — |
| 2022 | $48,661 | $27,617 | — | — | — |