Plan Snapshot
- Plan Sponsor: Acme Electric Motor, INC
- Sponsor EIN: 450283814
- Sponsor Address: 1101 N WASHINGTON STREET, GRAND FORKS, ND, 58203
- Plan Type: 401(k)
- Total Participants: 613
- Total Assets: $36.0M
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 | 613 | $36.0M | $762,030 | $2.0M |
| 2023 | 574 | $31.2M | $686,979 | $1.8M |
| 2022 | 530 | $27.5M | $576,559 | $1.6M |
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 |
|---|---|---|---|---|
| BRADY MARTZ & ASSOCIATE P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BRADY MARTZ & ASSOCIATE P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $96,533 | $59,025 | — | — | — |
| 2023 | $63,207 | — | — | — | — |
| 2022 | $71,736 | $17,993 | $49,245 | — | $4,498 |