Plan Snapshot
- Plan Sponsor: Acorn Engineering Company, INC.
- Sponsor EIN: 951864304
- Sponsor Address: 15125 PROCTOR AVENUE, CITY OF INDUSTRY, CA, 917463327
- Plan Type: 401(k)
- Total Participants: 669
- Total Assets: $34.3M
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 | 669 | $34.3M | $122,328 | $1.7M |
| 2023 | 666 | $30.3M | $117,862 | $1.8M |
| 2022 | 639 | $25.5M | $118,454 | $1.3M |
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 |
|---|---|---|---|---|
| BEACH FREEMAN LIM & CLELAND, LLP | Auditor | — | — | $0 |
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 | $101,514 | $101,514 | — | — | — |
| 2023 | $88,392 | $88,392 | — | — | — |
| 2022 | $92,743 | $86,279 | $6,464 | — | — |