Plan Snapshot
- Plan Sponsor: Align Communications, INC.
- Sponsor EIN: 133649393
- Sponsor Address: 685 THIRD AVE, FL 23, NEW YORK, NY, 10017
- Plan Type: 401(k)
- Total Participants: 173
- Total Assets: $23.8M
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 | 173 | $23.8M | $507,328 | $1.5M |
| 2023 | 170 | $20.3M | $476,169 | $1.4M |
| 2022 | 148 | $16.0M | $402,515 | $1.1M |
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 |
|---|---|---|---|---|
| CETERA INVESTMENT ADVISERS LLC | INVESTMENT/FINANCIAL ADVI | $55,615 | — | $55,615 |
| ALIGN COMMUNICATIONS, INC. | ACCOUNTANT | $14,250 | — | $14,250 |
| CIUNI & PANICHI INC | Auditor | $14,250 | — | $14,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,115
- Estimated Expense Ratio: 0.353% 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 | $72,610 | $55,615 | — | $14,250 | — |
| 2023 | $14,515 | — | — | $12,500 | — |
| 2022 | $15,208 | — | — | — | — |