Plan Snapshot
- Plan Sponsor: Aerospace Technologies Group, INC.
- Sponsor EIN: 650868151
- Sponsor Address: 620 N.W. 35TH STREET, BOCA RATON, FL, 33431
- Plan Type: 401(k)
- Total Participants: 200
- 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 | 200 | $7.0M | $275,389 | $551,939 |
| 2023 | 152 | $6.2M | $230,765 | $451,987 |
| 2022 | 114 | $5.0M | $217,471 | $420,951 |
| 2021 | 107 | $6.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| JOHN HANCOCK USA | Recordkeeper | $25,658 | — | $25,658 |
| REGIONS BANK | Other Service Provider | $18,408 | — | $18,408 |
| UNITED CAPITAL FINANCIAL ADV | Investment Advisor | $10,528 | — | $10,528 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK USA — Recordkeeper
- UNITED CAPITAL FINANCIAL ADV — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,594
- Estimated Expense Ratio: 0.775% 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 | $54,994 | $28,936 | $25,658 | — | — |
| 2023 | $47,649 | $26,602 | $20,752 | — | — |
| 2022 | $45,576 | $24,959 | — | — | $20,617 |
| 2021 | $51,710 | $29,083 | — | — | — |