Plan Snapshot
- Plan Sponsor: Alliance Industrial Corporation
- Sponsor EIN: 540939217
- Sponsor Address: 208 TOMAHAWK INDUSTRIAL PARK, LYNCHBURG, VA, 245024153
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 124
- Total Assets: $20.0M
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 | 124 | $20.0M | $313,197 | $625,993 |
| 2022 | 132 | $18.4M | $284,093 | $593,471 |
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 |
|---|---|---|---|---|
| UNIFIED TRUST COMPANY, N.A. | Other Service Provider | $50,749 | — | $50,749 |
| MASS MUTUAL LIFE | Investment Advisor | $39,911 | — | $39,911 |
| HCI-EBS, INC. | Recordkeeper | $8,895 | — | $8,895 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MASS MUTUAL LIFE — Investment Advisor
- HCI-EBS, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,555
- Estimated Expense Ratio: 0.498% 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 | $99,555 | $39,911 | $59,644 | — | — |
| 2022 | $102,670 | $37,972 | $64,698 | — | — |