# Altron, INC. 401(k) Plan
Source: https://planprovider.pro/companies/altron-inc-401k-plan

> Altron, INC.&#39;s 401(k) plan: 102 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Altron, INC.

- **Sponsor EIN:** 570964501

- **Sponsor Address:** 454 COLEMAN BLVD, MT. PLEASANT, SC, 29464

- **Plan Type:** 401(k)

- **Total Participants:** 102

- **Total Assets:** $14.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|102|$14.6M|$370,955|$472,448|

| 2023|89|$12.3M|$376,550|$455,637|

| 2022|103|$10.5M|$524,308|$472,644|

## 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|

| JONES POUNDER & ASSOCIATES|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|$57,305|—|—|—|—|

| 2023|$64,333|—|—|—|—|

| 2022|$54,170|—|—|—|—|

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