Plan Snapshot
- Plan Sponsor: American Tubing Arkansas, LLC
- Sponsor EIN: 473199586
- Sponsor Address: 2191 FORD AVENUE, SPRINGDALE, AR, 72764
- Plan Type: 401(k)
- Total Participants: 122
- Total Assets: $7.2M
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 | 122 | $7.2M | $124,779 | $317,765 |
| 2023 | 148 | $7.0M | $139,527 | $352,692 |
| 2022 | 174 | $6.0M | $143,400 | $345,159 |
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 |
|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | NONE | $34,612 | — | $34,612 |
| ALERUS INVESTMENT ADVISORS, INC. | NONE | $9,734 | — | $9,734 |
| KHA ACCOUNTANTS, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERUS FINANCIAL, N.A. — NONE
- KHA ACCOUNTANTS, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $44,346
- Estimated Expense Ratio: 0.616% 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 | $44,346 | $9,734 | — | — | — |
| 2023 | $43,469 | $9,735 | — | — | — |
| 2022 | $44,573 | $9,867 | — | — | — |