Plan Snapshot
- Plan Sponsor: Air Control Systems, INC.
- Sponsor EIN: 330491402
- Sponsor Address: 1940 SOUTH GROVE AVE., ONTARIO, CA, 91761
- Plan Type: 401(k)
- Total Participants: 183
- Total Assets: $11.7M
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 | 183 | $11.7M | $645,583 | $1.2M |
| 2023 | 158 | $9.7M | $529,103 | $990,271 |
| 2022 | 145 | $7.4M | $450,457 | $853,346 |
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 |
|---|---|---|---|---|
| NORTHWESTERN MUTUAL INVESTMENT SERV | INVESTMENT/FINANCIAL ADVI | $38,101 | — | $38,101 |
| ADP, INC. | RECORD KEEPER | $29,082 | — | $29,082 |
| DAVID L. BUCK CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWESTERN MUTUAL INVESTMENT SERV — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- DAVID L. BUCK CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,183
- Estimated Expense Ratio: 0.574% 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 | $67,184 | $38,100 | — | — | — |
| 2023 | $52,738 | $15,166 | — | — | — |
| 2022 | $34,776 | — | — | — | — |