Plan Snapshot
- Plan Sponsor: Abraxas Alliance, INC.
- Sponsor EIN: 760545741
- Sponsor Address: 2840 LIBERTY AVENUE, SUITE 300, PITTSBURGH, PA, 15222
- Plan Type: 403(b)
- Total Participants: 830
- Total Assets: $473,467
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 830 | $473,467 | $0 | $434,878 |
| 2023 | 956 | $14.0M | $281,373 | $1.5M |
| 2022 | 961 | $11.7M | $474,484 | $1.5M |
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 |
|---|---|---|---|---|
| SMITH+HOWARD | Auditor | $35,000 | — | $35,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,000
- Estimated Expense Ratio: 7.392% 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 | $70,889 | — | — | $35,000 | — |
| 2023 | $33,398 | — | — | — | — |
| 2022 | $37,454 | — | $37,454 | — | — |