Plan Snapshot
- Plan Sponsor: Allen Industries, INC
- Sponsor EIN: 560486250
- Sponsor Address: 6434 BURNT POPLAR RD, GREENSBORO, NC, 27409
- Plan Type: 401(k)
- Total Participants: 304
- Total Assets: $19.6M
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 | 304 | $19.6M | $354,168 | $1.2M |
| 2023 | 292 | $16.7M | $323,353 | $1.1M |
| 2022 | 290 | $13.7M | $336,352 | $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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $44,916 | — | $44,916 |
| ONE DIGITAL INVESTMENT ADVISORS | NONE | $9,401 | — | $9,401 |
| TURLINGTON AND COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TURLINGTON AND COMPANY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,317
- Estimated Expense Ratio: 0.277% 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 | $48,066 | $9,611 | $38,455 | — | — |
| 2023 | $41,215 | $7,818 | $33,397 | — | — |
| 2022 | $44,073 | $7,569 | $36,504 | — | — |