Plan Snapshot
- Plan Sponsor: Altl, INC.
- Sponsor EIN: 382123182
- Sponsor Address: P.O. BOX 100, HUDSONVILLE, MI, 49426
- Plan Type: 401(k)
- Total Participants: 108
- Total Assets: $8.9M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 108 | $8.9M | $90,809 | $426,737 |
| 2023 | 104 | $8.1M | $88,841 | $425,613 |
| 2022 | 97 | $7.2M | $78,571 | $393,433 |
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 |
|---|---|---|---|---|
| BAKER HOLTZ | Auditor | — | — | $0 |
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 | $16,264 | $4,127 | $11,000 | — | — |
| 2023 | $21,773 | $43 | $20,880 | — | — |
| 2022 | $12,395 | — | $12,395 | — | — |