Plan Snapshot
- Plan Sponsor: Af Holding Co.
- Sponsor EIN: 371387036
- Sponsor Address: 811 SOUTH HAMILTON STREET, SULLIVAN, IL, 61951
- Plan Type: 401(k)
- Total Participants: 413
- Total Assets: $47.6M
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. |
|---|---|---|---|---|
| 2024 | 413 | $47.6M | $996,366 | $1.2M |
| 2023 | 442 | $44.4M | $1.0M | $1.2M |
| 2022 | 482 | $40.0M | $1.0M | $1.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $162,464 | — | $162,464 |
| SMITH MOORE | Investment Advisor | — | $85,953 | $85,953 |
| BKD LLP | Auditor | $5,250 | — | $5,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $253,667
- Estimated Expense Ratio: 0.533% 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 | $167,714 | — | — | $5,250 | — |
| 2023 | $153,449 | — | — | — | — |
| 2022 | $122,087 | $64,309 | $55,128 | — | $2,650 |