Plan Snapshot
- Plan Sponsor: Air Base Carpet Mart, INC.
- Sponsor EIN: 510106390
- Sponsor Address: 230 NORTH DUPONT HIGHWAY, NEW CASTLE, DE, 19720
- Plan Type: 401(k)
- Total Participants: 241
- Total Assets: $6.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 241 | $6.7M | $18,680 | $371,217 |
| 2023 | 233 | $6.0M | $17,296 | $371,700 |
| 2022 | 207 | $5.2M | $16,864 | $352,442 |
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 |
|---|---|---|---|---|
| MASTER,SIDLOW,&ASSOCIATES,P.A. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $469,518 | — | $1,036 | — | — |
| 2023 | $588,461 | — | $1,056 | — | — |
| 2022 | $5,631 | — | — | — | — |