Plan Snapshot
- Plan Sponsor: Abel Cine Tech, INC.
- Sponsor EIN: 133539706
- Sponsor Address: 88 35TH STREET, 4TH FLOOR, BROOKLYN, NY, 11232
- Plan Type: 401(k)
- Total Participants: 117
- Total Assets: $8.4M
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 | 117 | $8.4M | $161,830 | $477,263 |
| 2023 | 126 | $7.6M | $152,724 | $449,526 |
| 2022 | 120 | $6.1M | $123,110 | $437,096 |
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 |
|---|---|---|---|---|
| EMPOWER LIFE & ANNUITY INSURANCE CO | RECORDKEEPER | $29,645 | — | $29,645 |
| STONE HILL FIDUCIARY MANAGEMENT, LL | INVESTMENT ADVISOR | $25,000 | — | $25,000 |
| CARON & BLETZER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,645
- Estimated Expense Ratio: 0.653% 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 | $55,619 | $25,974 | — | — | — |
| 2023 | $72,248 | $27,061 | — | — | — |
| 2022 | $72,535 | — | $72,535 | — | — |