Plan Snapshot
- Plan Sponsor: Aerotech, INC.
- Sponsor EIN: 251207279
- Sponsor Address: 101 ZETA DRIVE, PITTSBURGH, PA, 15238
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 531
- Total Assets: $55.2M
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. |
|---|---|---|---|---|
| 2025 | 531 | $55.2M | $0 | $0 |
| 2024 | 437 | $48.1M | $0 | $3.6M |
| 2023 | 394 | $40.2M | $0 | $3.6M |
| 2022 | 399 | $31.3M | $0 | $3.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $76,533 | — | $76,533 |
| HENDERSON BROTHERS FINANCIAL | Investment Advisor | $54,961 | — | $54,961 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $18,088 | — | $18,088 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $149,582
- Estimated Expense Ratio: 0.271% 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 |
|---|---|---|---|---|---|
| 2025 | $4,319,215 | $73,050 | — | — | — |
| 2024 | $129,624 | $62,319 | — | — | — |
| 2023 | $119,985 | $61,236 | — | — | — |
| 2022 | $95,962 | $64,499 | — | — | $31,463 |