Plan Snapshot
- Plan Sponsor: Adc Ltd Nm
- Sponsor EIN: 850464911
- Sponsor Address: 2100 AIR PARK RD, S.E., SUITE 120, ALBUQUERQUE, NM, 87106
- Plan Type: 401(k)
- Total Participants: 354
- Total Assets: $7.0M
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 | 354 | $7.0M | $341,442 | $668,944 |
| 2023 | 200 | $6.1M | $308,843 | $560,316 |
| 2022 | 190 | $5.1M | $364,558 | $724,071 |
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 |
|---|---|---|---|---|
| TRANSAMERICA FINANCIAL LIFE INS CO | Recordkeeper | $15,401 | — | $15,401 |
| MERRILL LYNCH LIFE AGENCY, INC. | Investment Advisor | $10,068 | — | $10,068 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA FINANCIAL LIFE INS CO — Recordkeeper
- MERRILL LYNCH LIFE AGENCY, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,469
- Estimated Expense Ratio: 0.366% 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 | $25,573 | $10,068 | — | — | — |
| 2023 | $2,847 | — | — | — | — |
| 2022 | $4,172 | — | — | — | — |