Plan Snapshot
- Plan Sponsor: Alg Senior LLC
- Sponsor EIN: 811304204
- Sponsor Address: 400 2ND AVE NW, HICKORY, NC, 28601
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 4,229
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 4,229 | $0 | $0 | $0 |
| 2024 | 2,493 | $0 | $0 | $0 |
| 2023 | 3,200 | $0 | $0 | $0 |
| 2022 | 2,677 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|
| UMR, INC. | Other Service Provider | $435,355 | $18,775 | $454,130 |
| AP BENEFIT ADVISORS LLC | Investment Advisor | $254,898 | — | $254,898 |
| MEDIMPACT HEALTHCARE SYSTEMS, INC. | Other Service Provider | $9,047 | — | $9,047 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $718,075
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 | — | — | — | — | — |
| 2024 | — | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |