Plan Snapshot
- Plan Sponsor: Abilene Machine LLC
- Sponsor EIN: 480810988
- Sponsor Address: 407 OLD HIGHWAY 40, SOLOMON, KS, 67480
- Plan Type: 401(k)
- Total Participants: 122
- Total Assets: $9.1M
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 | 122 | $9.1M | $239,327 | $294,688 |
| 2023 | 125 | $8.3M | $230,623 | $286,720 |
| 2022 | 121 | $7.5M | $223,353 | $279,669 |
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 |
|---|---|---|---|---|
| PICKETT, CHANEY & MC MULLEN LLP | Auditor | $10,350 | — | $10,350 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PICKETT, CHANEY & MC MULLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,350
- Estimated Expense Ratio: 0.114% 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 | $43,752 | $17,415 | $15,987 | $10,350 | — |
| 2023 | $40,345 | $15,793 | — | $9,900 | — |
| 2022 | $43,362 | $16,508 | $17,465 | — | $9,389 |