Plan Snapshot
- Plan Sponsor: Alcora Corporation
- Sponsor EIN: 651111542
- Sponsor Address: 10000 NW 15TH TERRACE, DORAL, FL, 33172
- Plan Type: 401(k)
- Total Participants: 256
- Total Assets: $11.7M
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 | 256 | $11.7M | $576,083 | $1.3M |
| 2023 | 326 | $10.2M | $674,004 | $1.7M |
| 2022 | 397 | $9.1M | $880,767 | $2.1M |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | Recordkeeper | $40,314 | — | $40,314 |
| NEWPORT GROUP CONSULTING, LLC | Investment Advisor | $20,248 | — | $20,248 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,562
- Estimated Expense Ratio: 0.517% 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 | $69,154 | $18,845 | $260 | — | — |
| 2023 | $73,665 | $10,000 | $2,919 | — | — |
| 2022 | $45,282 | — | $45,282 | — | — |