Plan Snapshot
- Plan Sponsor: Alpha Source Holdco, LLC
- Sponsor EIN: 815231017
- Sponsor Address: 6619 WEST CALUMET RD, MILWAUKEE, WI, 53223
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 290
- Total Assets: $18.0M
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. |
|---|---|---|---|---|
| 2023 | 290 | $18.0M | $584,187 | $1.7M |
| 2022 | 310 | $15.8M | $647,896 | $1.7M |
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 |
|---|---|---|---|---|
| MESIROW FINANCIAL INC | Investment Advisor | $37,495 | — | $37,495 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $24,875 | — | $24,875 |
| MESIROW FINANCIAL INVESTMENT MANAGE | Investment Advisor | $9,799 | — | $9,799 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,169
- Estimated Expense Ratio: 0.401% 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 | $76,132 | $50,857 | — | — | — |
| 2022 | $75,387 | — | $75,387 | — | — |