Plan Snapshot
- Plan Sponsor: Ace Industries, INC.
- Sponsor EIN: 581290230
- Sponsor Address: 6295 MCDONOUGH DR., NORCROSS, GA, 30093
- Plan Type: 401(k)
- Total Participants: 323
- Total Assets: $17.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 323 | $17.1M | $369,891 | $1.2M |
| 2023 | 309 | $14.8M | $332,408 | $1.0M |
| 2022 | 282 | $12.7M | $244,042 | $930,258 |
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 |
|---|---|---|---|---|
| MORGAN STANLEY | Investment Advisor | $46,766 | — | $46,766 |
| TRANSAMERICA RETIREMENT SOLUTIONS, | Recordkeeper | $45,152 | — | $45,152 |
| FUTUREPLAN BY ASCENSUS | Recordkeeper | $5,875 | $19 | $5,894 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
- TRANSAMERICA RETIREMENT SOLUTIONS, — Recordkeeper
- FUTUREPLAN BY ASCENSUS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,812
- Estimated Expense Ratio: 0.573% 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 | $100,960 | — | $100,960 | — | — |
| 2023 | $88,398 | — | $88,398 | — | — |
| 2022 | $102,375 | — | — | — | $102,375 |