Plan Snapshot
- Plan Sponsor: Altro, Usa, INC.,
- Sponsor EIN: 942993379
- Sponsor Address: 80 INDUSTRIAL WAY, WILMINGTON, MA, 01887
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $14.0M
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. |
|---|---|---|---|---|
| 2025 | 115 | $14.0M | $359,440 | $726,146 |
| 2024 | 83 | $11.6M | $311,879 | $639,055 |
| 2023 | 94 | $10.3M | $287,341 | $599,844 |
| 2022 | 85 | $9.0M | $250,448 | $535,972 |
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 |
|---|---|---|---|---|
| CREATIVE PLANNING | Investment Advisor | $55,850 | — | $55,850 |
| TPP RETIREMENT PLAN SPECIALISTS | Other Service Provider | $11,951 | — | $11,951 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $67,801
- Estimated Expense Ratio: 0.483% 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 |
|---|---|---|---|---|---|
| 2025 | $564,575 | — | $71,488 | — | — |
| 2024 | $1,061,251 | — | $67,556 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |