Plan Snapshot
- Plan Sponsor: American Fibertech Corporation
- Sponsor EIN: 351691687
- Sponsor Address: 11349 U.S. HIGHWAY 52 SOUTH, CLARKS HILL, IN, 47930
- Plan Type: 401(k)
- Total Participants: 533
- Total Assets: $7.4M
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 | 533 | $7.4M | $411,722 | $724,623 |
| 2023 | 558 | $5.8M | $390,630 | $667,628 |
| 2022 | 502 | $4.3M | $373,692 | $572,335 |
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 |
|---|---|---|---|---|
| KATZ, SAPPER & MILLER, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KATZ, SAPPER & MILLER, LLP — Auditor
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 | $38,351 | $17,724 | — | — | — |
| 2023 | $33,480 | $17,574 | — | — | — |
| 2022 | $27,352 | — | — | — | — |