Plan Snapshot
- Plan Sponsor: Visual Pak Company
- Sponsor EIN: 363342302
- Sponsor Address: 1909 S. WAUKEGAN RD, WAUKEGAN, IL, 60085
- Plan Type: 401(k)
- Total Participants: 381
- Total Assets: $24.7M
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 | 381 | $24.7M | $691,715 | $1.2M |
| 2023 | 393 | $21.6M | $718,202 | $1.3M |
| 2022 | 518 | $20.4M | $859,061 | $1.5M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | NONE | $87,651 | — | $87,651 |
| KESTRA ADVISORY SERVICES, LLC | NONE | $21,959 | — | $21,959 |
| FGMK, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — NONE
- KESTRA ADVISORY SERVICES, LLC — NONE
- FGMK, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,610
- Estimated Expense Ratio: 0.444% 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 | $35,136 | $21,959 | $13,177 | — | — |
| 2023 | $33,520 | $19,702 | $13,818 | — | — |
| 2022 | $34,982 | — | $34,982 | — | — |