Plan Snapshot
- Plan Sponsor: Tandem Hr, LLC
- Sponsor EIN: 205628549
- Sponsor Address: 2400 WOLF ROAD, WESTCHESTER, IL, 60154
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 9,692
- Total Assets: $285.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 9,692 | $285.3M | $13.0M | $27.9M |
| 2022 | 10,327 | $287.2M | $4.7M | $9.5M |
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 |
|---|---|---|---|---|
| AMERITAS LIFE INSURANCE CORP | Recordkeeper | $1,146,760 | — | $1,146,760 |
| TANDEM HR, LLC | Other Service Provider | $479,758 | — | $479,758 |
| FORVIS MAZARS, LLP | Other Service Provider | $100,540 | — | $100,540 |
| BKS FINANCIAL INVESTMENTS LLC | Other Service Provider | $70,350 | — | $70,350 |
| CHARLES SCHWAB TRUST BANK | Recordkeeper | $27,397 | — | $27,397 |
| TRANSAMERICA RETIREMENT SOLUTIONS, | Recordkeeper | $11,275 | — | $11,275 |
| UHY LLP | Other Service Provider | $7,850 | — | $7,850 |
| MRPR GROUP, P.C. | Other Service Provider | $5,900 | — | $5,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERITAS LIFE INSURANCE CORP — Recordkeeper
- CHARLES SCHWAB TRUST BANK — Recordkeeper
- TRANSAMERICA RETIREMENT SOLUTIONS, — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,849,830
- Estimated Expense Ratio: 0.648% 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 |
|---|---|---|---|---|---|
| 2023 | $1,848,559 | $70,402 | $1,414,978 | $114,290 | — |
| 2022 | $321,774 | $26,654 | $279,364 | — | $15,756 |