Plan Snapshot
- Plan Sponsor: American Truetzschler, INC.
- Sponsor EIN: 560932757
- Sponsor Address: POST OFFICE BOX 669228, CHARLOTTE, NC, 28266
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $15.0M
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 | 103 | $15.0M | $418,886 | $836,858 |
| 2023 | 97 | $13.9M | $368,724 | $737,448 |
| 2022 | 99 | $13.5M | $345,331 | $694,006 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMNINISTRATOR | $38,824 | — | $38,824 |
| HOBBS, CROSSLEY, BENEFIELD & CRAVEN | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $38,824
- Estimated Expense Ratio: 0.259% 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 | $38,824 | — | $38,824 | — | — |
| 2023 | $35,037 | — | $35,037 | — | — |
| 2022 | $35,528 | — | $35,528 | — | — |