Plan Snapshot
- Plan Sponsor: American Racing & Entertainment, LLC
- Sponsor EIN: 203549507
- Sponsor Address: 2384 WEST RIVER ROAD, NICHOLS, NY, 138121406
- Plan Type: 401(k)
- Total Participants: 722
- Total Assets: $13.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 722 | $13.4M | $498,364 | $1.0M |
| 2023 | 663 | $12.6M | $452,673 | $881,625 |
| 2022 | 628 | $10.6M | $417,259 | $847,475 |
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 CPAS P.C | Auditor | — | — | $0 |
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 | $26,736 | $2,837 | $23,899 | — | — |
| 2023 | $7,882 | — | — | — | — |
| 2022 | $6,925 | — | $6,925 | — | — |