Plan Snapshot
- Plan Sponsor: Vision For Hope
- Sponsor EIN: 384026126
- Sponsor Address: 15 EAST HAZEL DELL LANE, SPRINGFIELD, IL, 62712
- Plan Type: 401(k)
- Total Participants: 419
- Total Assets: $14.6M
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 | 419 | $14.6M | $587,386 | $958,470 |
| 2023 | 473 | $13.3M | $656,099 | $926,366 |
| 2022 | 537 | $11.5M | $536,379 | $859,431 |
| 2021 | 586 | $13.1M | $0 | $0 |
| 2020 | 561 | $11.6M | $0 | $0 |
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 |
|---|---|---|---|---|
| SIKICH CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA LLC — Auditor
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 | $114,854 | $35,254 | — | — | — |
| 2023 | $101,195 | $35,277 | — | — | — |
| 2022 | $115,520 | — | $115,520 | — | — |
| 2021 | $116,607 | — | $116,607 | — | — |
| 2020 | $103,588 | — | $103,588 | — | — |