Plan Snapshot
- Plan Sponsor: Smith Senior Living
- Sponsor EIN: 364335178
- Sponsor Address: 2320 W. 113TH PLACE, CHICAGO, IL, 60643
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 537
- Total Assets: $16.7M
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 | 537 | $16.7M | $401,535 | $707,062 |
| 2023 | 539 | $15.3M | $376,705 | $662,304 |
| 2022 | 541 | $13.5M | $342,389 | $636,398 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Other Service Provider | $39,921 | — | $39,921 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,921
- Estimated Expense Ratio: 0.239% 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 | $39,921 | — | $39,921 | — | — |
| 2023 | $41,949 | — | $41,949 | — | — |
| 2022 | $38,601 | — | $38,601 | — | — |