Plan Snapshot
- Plan Sponsor: Acr Electronics, INC.
- Sponsor EIN: 650160389
- Sponsor Address: 5757 RAVENSWOOD ROAD, FORT LAUDERDALE, FL, 33312
- Plan Type: 401(k)
- Total Participants: 317
- Total Assets: $32.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 317 | $32.6M | $683,637 | $2.2M |
| 2023 | 270 | $23.4M | $664,659 | $2.1M |
| 2022 | 292 | $19.7M | $594,247 | $2.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $22,944 | — | $22,944 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $10,165 | — | $10,165 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,109
- Estimated Expense Ratio: 0.102% 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 | $33,109 | $10,165 | — | — | — |
| 2023 | $37,381 | $9,170 | — | — | — |
| 2022 | $28,505 | $4,990 | — | — | — |