Plan Snapshot
- Plan Sponsor: Aktion Associates, INC.
- Sponsor EIN: 341300919
- Sponsor Address: 1687 WOODLANDS DR, MAUMEE, OH, 435374018
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 257
- Total Assets: $35.9M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 257 | $35.9M | $0 | $0 |
| 2024 | 214 | $32.5M | $1.2M | $2.3M |
| 2023 | 207 | $27.6M | $1.1M | $2.1M |
| 2022 | 199 | $22.9M | $945,508 | $1.9M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $122,304 | — | $122,304 |
| ROYAL ALLIANCE ASSOCIATES, INC. | Investment Advisor | — | $59,792 | $59,792 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $182,096
- Estimated Expense Ratio: 0.507% 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 |
|---|---|---|---|---|---|
| 2025 | $6,274,850 | — | $122,304 | — | — |
| 2024 | $106,165 | — | $106,165 | — | — |
| 2023 | $86,980 | — | $86,980 | — | — |
| 2022 | $77,421 | — | $77,421 | — | — |