Plan Snapshot
- Plan Sponsor: American Beverage Corporation
- Sponsor EIN: 340730294
- Sponsor Address: ONE DAILY WAY, VERONA, PA, 15147
- Plan Type: 401(k)
- Total Participants: 209
- Total Assets: $10.0M
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. |
|---|---|---|---|---|
| 2024 | 209 | $10.0M | $245,827 | $306,626 |
| 2023 | 199 | $9.0M | $254,191 | $332,977 |
| 2022 | 179 | $8.0M | $288,053 | $378,650 |
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 |
|---|---|---|---|---|
| HBK | Auditor | $18,550 | — | $18,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HBK — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,550
- Estimated Expense Ratio: 0.186% 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 | $37,047 | $17,000 | — | $18,550 | — |
| 2023 | $44,469 | $22,847 | — | — | — |
| 2022 | $68,056 | — | $68,056 | — | — |