Plan Snapshot
- Plan Sponsor: The Night Ministry
- Sponsor EIN: 363145764
- Sponsor Address: 1735 N. ASHLAND, CHICAGO, IL, 60622
- Plan Type: 401(k)
- Total Participants: 83
- Total Assets: $3.2M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 83 | $3.2M | $94,356 | $239,029 |
| 2023 | 114 | $2.9M | $88,192 | $243,243 |
| 2022 | 111 | $2.5M | $126,187 | $284,612 |
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 |
|---|---|---|---|---|
| SMITH + HOWARD, PC | 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 | $460,707 | — | $28,457 | — | — |
| 2023 | $422,161 | — | $25,515 | — | — |
| 2022 | $28,867 | $15,091 | $12,726 | — | $1,050 |