Plan Snapshot
- Plan Sponsor: Alto Products Corporation
- Sponsor EIN: 631097581
- Sponsor Address: 1 ALTO WAY, ATMORE, AL, 36502
- Plan Type: 401(k)
- Total Participants: 251
- Total Assets: $2.5M
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 | 251 | $2.5M | $8 | $393,510 |
| 2023 | 200 | $3.9M | $0 | $395,005 |
| 2022 | 209 | $4.6M | $0 | $408,749 |
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 |
|---|---|---|---|---|
| SALTMARSH, CLEAVELAND & GUND | 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 | $3,643 | $892 | — | — | — |
| 2023 | $4,320 | $1,196 | — | — | — |
| 2022 | $3,093 | $838 | — | — | — |