Plan Snapshot
- Plan Sponsor: Aluma-Weld, INC. Dba Xpress Boats
- Sponsor EIN: 710523960
- Sponsor Address: 199 EXTRUSION PLACE, HOT SPRINGS, AR, 71901
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 278
- Total Assets: $14.3M
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 | 278 | $14.3M | $462,187 | $756,505 |
| 2023 | 299 | $13.2M | $459,833 | $725,991 |
| 2022 | 327 | $10.8M | $421,241 | $699,332 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $26,495 | — | $26,495 |
| PRIME CAPITAL INVESTMENT ADVISORS L | Investment Advisor | $14,559 | — | $14,559 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,054
- Estimated Expense Ratio: 0.287% 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 | $41,054 | $14,559 | — | — | — |
| 2023 | $35,464 | $13,338 | — | — | — |
| 2022 | $29,606 | — | $29,606 | — | — |