Plan Snapshot
- Plan Sponsor: Akrion Technologies, INC.
- Sponsor EIN: 822774740
- Sponsor Address: 6330 HEDGEWOOD DRIVE, ALLENTOWN, PA, 18106
- Plan Type: 401(k)
- Total Participants: 80
- Total Assets: $16.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 80 | $16.7M | $127,293 | $599,434 |
| 2023 | 85 | $18.3M | $178,347 | $816,756 |
| 2022 | 116 | $16.4M | $165,581 | $858,453 |
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 |
|---|---|---|---|---|
| MAILLIE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MAILLIE LLP — Auditor
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 | $41,041 | $25,244 | $4,090 | — | — |
| 2023 | $20,033 | $16,288 | $2,780 | — | — |
| 2022 | $19,251 | — | — | — | $19,251 |