Plan Snapshot
- Plan Sponsor: Alan Wire Company, INC.
- Sponsor EIN: 431028755
- Sponsor Address: 1500 W. MALONE, SIKESTON, MO, 63801
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 366
- Total Assets: $15.0M
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. |
|---|---|---|---|---|
| 2024 | 366 | $15.0M | $705,966 | $1.1M |
| 2023 | 328 | $13.2M | $604,322 | $935,370 |
| 2022 | 301 | $10.7M | $557,574 | $784,858 |
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 |
|---|---|---|---|---|
| BENEFIT PLANS PLUS | Other Service Provider | $8,005 | — | $8,005 |
| BENEFIT PLANS PLUS | Recordkeeper | — | $6,945 | $6,945 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $14,950
- Estimated Expense Ratio: 0.100% 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 | $19,280 | $8,005 | $10,925 | — | — |
| 2023 | $15,461 | $5,486 | $9,425 | — | — |
| 2022 | $12,843 | — | — | — | — |