Plan Snapshot
- Plan Sponsor: Altium, INC.
- Sponsor EIN: 770192774
- Sponsor Address: 4225 EXECUTIVE SQUARE SUITE700, LA JOLLA, CA, 92037
- Plan Type: 401(k)
- Total Participants: 333
- Total Assets: $26.0M
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. |
|---|---|---|---|---|
| 2024 | 333 | $26.0M | $768,031 | $3.6M |
| 2023 | 318 | $19.3M | $641,575 | $2.8M |
| 2022 | 245 | $13.4M | $478,823 | $2.3M |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | $51,588 | — | $51,588 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $41,579 | — | $41,579 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $9,250 | — | $9,250 |
| LEVITZACKS CPAS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- LEVITZACKS CPAS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,417
- Estimated Expense Ratio: 0.394% 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 | $102,417 | $60,838 | — | — | — |
| 2023 | $68,865 | $43,147 | — | — | — |
| 2022 | $68,305 | $4,314 | — | — | — |