Plan Snapshot
- Plan Sponsor: Advanced Lubrication Specialties INC.
- Sponsor EIN: 251469534
- Sponsor Address: 420 IMPERIAL COURT EAST, BENSALEM, PA, 19020
- Plan Type: 401(k)
- Total Participants: 125
- Total Assets: $15.5M
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 | 125 | $15.5M | $536,612 | $637,395 |
| 2023 | 121 | $13.4M | $476,977 | $467,050 |
| 2022 | 102 | $12.4M | $774,764 | $508,008 |
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 |
|---|---|---|---|---|
| ADMIN. GROUP, LLC DBA TAG RESOURCES | Recordkeeper | $24,595 | — | $24,595 |
| CETERA INVESTMENT ADVISERS LLC | Investment Advisor | $23,547 | — | $23,547 |
| TRANSAMERICA FIN. LIFE INSURANCE CO | Recordkeeper | $18,792 | — | $18,792 |
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $12,774 | — | $12,774 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADMIN. GROUP, LLC DBA TAG RESOURCES — Recordkeeper
- TRANSAMERICA FIN. LIFE INSURANCE CO — Recordkeeper
- LINCOLN NATIONAL CORPORATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,708
- Estimated Expense Ratio: 0.516% 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 | $85,404 | $28,129 | $25,709 | — | — |
| 2023 | $74,437 | $74,437 | — | — | — |
| 2022 | $81,619 | $81,619 | — | — | — |