Plan Snapshot
- Plan Sponsor: Altek, INC.
- Sponsor EIN: 910957893
- Sponsor Address: 22819 E APPLEWAY AVE, LIBERTY LAKE, WA, 99019
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $7.6M
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 | 156 | $7.6M | $91,036 | $467,752 |
| 2023 | 180 | $7.0M | $108,136 | $486,674 |
| 2022 | 184 | $5.8M | $93,020 | $465,639 |
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 |
|---|---|---|---|---|
| CLIFTON LARSON ALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTON LARSON ALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $49,111 | $24,450 | $24,661 | — | — |
| 2023 | $41,509 | $20,267 | $21,242 | — | — |
| 2022 | $41,865 | $21,634 | $20,231 | — | — |