Plan Snapshot
- Plan Sponsor: Specialty Promotions, INC.
- Sponsor EIN: 752655558
- Sponsor Address: 6019 W HOWARD ST, NILES, IL, 60714
- Plan Type: 401(k)
- Total Participants: 307
- Total Assets: $20.2M
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 | 307 | $20.2M | $440,128 | $951,699 |
| 2023 | 289 | $18.5M | $424,787 | $918,223 |
| 2022 | 289 | $14.9M | $358,111 | $802,822 |
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 |
|---|---|---|---|---|
| ROTHSCHILD CONSULTING GROUP | NONE | $47,621 | — | $47,621 |
| CORRELL CO. | RECORDKEEPER | $17,664 | — | $17,664 |
| MILLER COOPER & CO., LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER COOPER & CO., LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $65,285
- Estimated Expense Ratio: 0.323% 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 | $65,285 | $47,621 | — | — | — |
| 2023 | $65,939 | $50,682 | — | — | — |
| 2022 | $45,085 | $30,681 | — | — | $14,404 |