Plan Snapshot
- Plan Sponsor: Source North America Corporation
- Sponsor EIN: 363987118
- Sponsor Address: 510 S WESTGATE ST, ADDISON, IL, 60101
- Plan Type: 401(k)
- Total Participants: 184
- Total Assets: $23.1M
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 | 184 | $23.1M | $833,970 | $1.3M |
| 2023 | 161 | $19.1M | $723,705 | $1.1M |
| 2022 | 142 | $16.3M | $515,573 | $992,754 |
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 |
|---|---|---|---|---|
| CASSELL PLAN AUDITS | 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 | $8,691 | $5,866 | — | — | — |
| 2023 | $7,701 | $5,445 | — | — | — |
| 2022 | $6,600 | $4,512 | — | — | — |