Plan Snapshot
- Plan Sponsor: Alticor INC.
- Sponsor EIN: 381736584
- Sponsor Address: 7575 E. FULTON STREET, 56-3T, ADA, MI, 493550001
- Plan Type: 401(k)
- Total Participants: 3,259
- Total Assets: $1.3B
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 | 3,259 | $1.3B | $29.6M | $33.0M |
| 2023 | 3,387 | $1.2B | $34.8M | $31.3M |
| 2022 | 3,314 | $1.1B | $23.6M | $29.2M |
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 |
|---|---|---|---|---|
| HUNGERFORD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HUNGERFORD — 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 | $474,078 | $281,847 | $2,400 | — | — |
| 2023 | $421,029 | $216,925 | — | — | — |
| 2022 | $919,841 | $576,818 | $343,023 | — | — |