Plan Snapshot
- Plan Sponsor: American Crane & Equipment Corporation
- Sponsor EIN: 231872807
- Sponsor Address: 531 OLD SWEDE ROAD, DOUGLASSVILLE, PA, 19518
- Plan Type: 401(k)
- Total Participants: 196
- Total Assets: $26.6M
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 | 196 | $26.6M | $458,340 | $1.3M |
| 2023 | 166 | $21.8M | $396,822 | $1.1M |
| 2022 | 148 | $18.0M | $313,972 | $886,451 |
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 |
|---|---|---|---|---|
| FIRST NATIONAL TRUST COMPANY | INVESTMENT ADVISOR | $56,197 | — | $56,197 |
| EMPOWER ANNUITY INSURANCE CO OF AM | RECORDKEEPER | $23,909 | — | $23,909 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MANAGEMENT | $7,723 | — | $7,723 |
| HERBEIN & COMPANY, INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HERBEIN & COMPANY, INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $87,829
- Estimated Expense Ratio: 0.331% 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 | $91,284 | $63,920 | $6,126 | — | — |
| 2023 | $66,320 | $45,525 | — | — | — |
| 2022 | $70,764 | $47,410 | $23,354 | — | — |