Plan Snapshot
- Plan Sponsor: Al Packer,INC.
- Sponsor EIN: 520959698
- Sponsor Address: 1530 N MILITARY TRL, WEST PALM BEACH, FL, 334094710
- Plan Type: 401(k)
- Total Participants: 277
- Total Assets: $21.8M
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 | 277 | $21.8M | $86,872 | $1.2M |
| 2023 | 279 | $19.8M | $91,560 | $1.2M |
| 2022 | 165 | $13.1M | $57,384 | $812,927 |
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 |
|---|---|---|---|---|
| PAAST, P.L. | 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 | $7,410 | — | $7,410 | — | — |
| 2023 | $4,806 | — | $4,806 | — | — |
| 2022 | $3,354 | — | $3,354 | — | — |