Plan Snapshot
- Plan Sponsor: Altron Automation Group, INC.
- Sponsor EIN: 854784989
- Sponsor Address: 3523 HIGHLAND DRIVE, HUDSONVILLE, MI, 49426
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $16.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 103 | $16.0M | $296,999 | $925,000 |
| 2023 | 130 | $14.3M | $311,178 | $925,419 |
| 2022 | 140 | $13.4M | $265,770 | $949,117 |
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 |
|---|---|---|---|---|
| HUNGERFORD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HUNGERFORD — Auditor
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 | $37,144 | $3,007 | — | — | — |
| 2023 | $41,981 | $1,273 | — | — | — |
| 2022 | $41,020 | $31,497 | $9,523 | — | — |