Plan Snapshot
- Plan Sponsor: American Electronics, INC.
- Sponsor EIN: 521292002
- Sponsor Address: 44423 AIRPORT ROAD, CALIFORNIA, MD, 20619
- Plan Type: 401(k)
- Total Participants: 120
- Total Assets: $26.2M
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 | 120 | $26.2M | $293,055 | $999,785 |
| 2023 | 129 | $26.8M | $320,679 | $1.2M |
| 2022 | 190 | $25.1M | $472,287 | $1.6M |
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 |
|---|---|---|---|---|
| CBIZ INVESTMENT ADVISORY SERVICES | Investment Advisor | $40,620 | — | $40,620 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,620
- Estimated Expense Ratio: 0.155% 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 | $24,368 | $40,620 | — | — | — |
| 2023 | $16,727 | $38,924 | — | — | — |
| 2022 | $26,173 | — | — | — | — |