Plan Snapshot
- Plan Sponsor: Advanced Distribution Systems, I
- Sponsor EIN: 061009044
- Sponsor Address: 1100 SUMMER ST, STAMFORD, CT, 06905
- Plan Type: 401(k)
- Total Participants: 257
- Total Assets: $6.9M
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 | 257 | $6.9M | $284,045 | $251,930 |
| 2023 | 234 | $6.3M | $257,823 | $240,299 |
| 2022 | 189 | $5.7M | $243,090 | $205,071 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $16,791 | $1,625 | $18,416 |
| ADP, INC. | Recordkeeper | $6,920 | — | $6,920 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,336
- Estimated Expense Ratio: 0.368% 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 | $24,290 | — | — | — | — |
| 2023 | $21,472 | $15,220 | — | — | — |
| 2022 | $24,021 | — | — | — | — |