Plan Snapshot
- Plan Sponsor: Westminster Village, INC.
- Sponsor EIN: 371101586
- Sponsor Address: 2025 E LINCOLN ST, BLOOMINGTON, IL, 617015995
- Plan Type: 401(k)
- Total Participants: 248
- Total Assets: $6.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 248 | $6.4M | $275,203 | $532,699 |
| 2023 | 239 | $5.8M | $232,538 | $483,859 |
| 2022 | 205 | $4.7M | $240,439 | $523,969 |
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 |
|---|---|---|---|---|
| STRIEGEL KNOBLOCH AND COMPANY LLC | 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 | $39,512 | — | $39,512 | — | — |
| 2023 | $17,728 | — | $17,728 | — | — |
| 2022 | $2,336 | — | $2,336 | — | — |