Plan Snapshot
- Plan Sponsor: A&K Railroad Materials, INC.
- Sponsor EIN: 941631996
- Sponsor Address: 1505 SOUTH REDWOOD ROAD, SALT LAKE CITY, UT, 84104
- Plan Type: 401(k)
- Total Participants: 321
- Total Assets: $15.1M
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 | 321 | $15.1M | $261,668 | $665,531 |
| 2023 | 297 | $15.4M | $230,377 | $668,170 |
| 2022 | 273 | $13.3M | $256,250 | $684,858 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $43,303 | — | $43,303 |
| STRATOS WEALTH PARTNERS | INVESTMENT ADVISORY | $23,994 | $6 | $24,000 |
| TRAVELLER & COMPANY LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRAVELLER & COMPANY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,303
- Estimated Expense Ratio: 0.446% 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 | $67,301 | $23,997 | $43,304 | — | — |
| 2023 | $64,038 | $23,997 | $40,041 | — | — |
| 2022 | $54,630 | $13,398 | $41,232 | — | — |