Plan Snapshot
- Plan Sponsor: Altres Global Business Services, INC.
- Sponsor EIN: 990332532
- Sponsor Address: 967 KAPIOLANI BLVD, HONOLULU, HI, 96814
- Plan Type: 401(k)
- Total Participants: 1,950
- Total Assets: $102.2M
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 | 1,950 | $102.2M | $3.9M | $6.1M |
| 2023 | 1,657 | $74.8M | $2.7M | $4.5M |
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 |
|---|---|---|---|---|
| SALVIC INTEGRATED ADMINISTRATION | Recordkeeper | $275,256 | — | $275,256 |
| SLAVIC MUTUAL FUND MANAGMENT CORP | Other Service Provider | $85,428 | — | $85,428 |
| KOBO WEALTH CONSERVANCY LLC | Investment Advisor | $84,087 | — | $84,087 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $444,771
- Estimated Expense Ratio: 0.435% 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 | $444,770 | $169,514 | $275,256 | — | — |
| 2023 | $279,075 | $66,836 | $212,239 | — | — |