Plan Snapshot
- Plan Sponsor: Air Distribution Enterprises INC.
- Sponsor EIN: 112853894
- Sponsor Address: 150 ALBANY AVENUE, FREEPORT, NY, 11520
- Plan Type: 401(k)
- Total Participants: 164
- Total Assets: $23.6M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 164 | $23.6M | $416,905 | $828,425 |
| 2023 | 158 | $18.4M | $364,899 | $726,389 |
| 2022 | 152 | $14.3M | $558,088 | $663,050 |
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 |
|---|---|---|---|---|
| LILLING & COMPANY LLP | Auditor | $18,699 | — | $18,699 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LILLING & COMPANY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,699
- Estimated Expense Ratio: 0.079% 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 | $64,112 | $38,870 | $6,420 | $18,699 | — |
| 2023 | $36,324 | — | $36,324 | — | — |
| 2022 | $46,389 | — | $46,389 | — | — |