Plan Snapshot
- Plan Sponsor: Amfabsteel INC
- Sponsor EIN: 850327164
- Sponsor Address: 100 CALLE INDUSTRIAL, BERNALILLO, NM, 87004
- Plan Type: 401(k)
- Total Participants: 172
- Total Assets: $4.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 172 | $4.0M | $322,939 | $541,548 |
| 2023 | 160 | $2.9M | $309,554 | $473,823 |
| 2022 | 178 | $1.9M | $316,060 | $476,452 |
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 |
|---|---|---|---|---|
| CARR, RIGGS & INGRAM, LLC | 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 | $55,640 | $19,911 | $22,926 | — | — |
| 2023 | $41,371 | $12,259 | $15,269 | — | — |
| 2022 | $38,170 | $9,441 | $17,748 | — | $10,981 |