Plan Snapshot
- Plan Sponsor: Adams Thermal Systems INC.
- Sponsor EIN: 200386781
- Sponsor Address: 47920 W. 5TH STREET, CANTON, SD, 57013
- Plan Type: 401(k)
- Total Participants: 240
- Total Assets: $16.2M
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 | 240 | $16.2M | $442,429 | $925,474 |
| 2023 | 252 | $14.4M | $448,730 | $935,065 |
| 2022 | 214 | $12.8M | $352,221 | $723,200 |
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 |
|---|---|---|---|---|
| EIDE BAILLY | Auditor | $17,068 | — | $17,068 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,068
- Estimated Expense Ratio: 0.105% 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 | $79,960 | $37,014 | — | $17,068 | — |
| 2023 | $61,755 | $33,174 | — | $8,336 | — |
| 2022 | $66,321 | — | — | — | — |