Plan Snapshot
- Plan Sponsor: Synergy Senior Care LLC
- Sponsor EIN: 841810059
- Sponsor Address: 8170 MCCORMICK BLVD STE 131, SKOKIE, IL, 600762961
- Plan Type: 401(k)
- Total Participants: 349
- Total Assets: $1.3M
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 | 349 | $1.3M | $27,557 | $403,526 |
| 2023 | 327 | $877,704 | $24,884 | $370,338 |
| 2022 | 302 | $434,460 | $12,763 | $183,377 |
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 |
|---|---|---|---|---|
| GGM ASSOCIATES INC. | 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 | $7,366 | — | $6,506 | — | — |
| 2023 | $5,210 | — | $4,350 | — | — |
| 2022 | $2,206 | — | $2,206 | — | — |