Plan Snapshot
- Plan Sponsor: Ampacet Corporation
- Sponsor EIN: 132546877
- Sponsor Address: 660 WHITE PLAINS ROAD, TARRYTOWN, NY, 105915130
- Plan Type: 401(k)
- Total Participants: 435
- Total Assets: $122.6M
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 | 435 | $122.6M | $1.7M | $3.9M |
| 2023 | 438 | $122.4M | $1.8M | $4.0M |
| 2022 | 499 | $121.1M | $1.8M | $4.0M |
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 ADMINISTRATOR | $95,787 | — | $95,787 |
| COHNREZNICK LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,787
- Estimated Expense Ratio: 0.078% 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 | $95,800 | — | $95,800 | — | — |
| 2023 | $100,894 | — | $100,894 | — | — |
| 2022 | $100,553 | — | $100,553 | — | — |