Plan Snapshot
- Plan Sponsor: Alatus Aerosystems
- Sponsor EIN: 952110814
- Sponsor Address: 423 BERRY WAY, BREA, CA, 92821
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 28
- Total Assets: $14.4M
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. |
|---|---|---|---|---|
| 2023 | 28 | $14.4M | $0 | $203,812 |
| 2022 | 83 | $14.4M | $10,034 | $375,353 |
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 |
|---|---|---|---|---|
| INTRUST BANK | Other Service Provider | $38,153 | — | $38,153 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $18,791 | — | $18,791 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,944
- Estimated Expense Ratio: 0.397% 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 |
|---|---|---|---|---|---|
| 2023 | $65,121 | $65,121 | — | — | — |
| 2022 | $61,401 | — | $61,401 | — | — |