Plan Snapshot
- Plan Sponsor: Arburg, INC.
- Sponsor EIN: 541557504
- Sponsor Address: 644 WEST STREET, ROCKY HILL, CT, 06067
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 140
- Total Assets: $18.7M
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. |
|---|---|---|---|---|
| 2025 | 140 | $18.7M | $0 | $0 |
| 2024 | 111 | $16.3M | $428,181 | $1.1M |
| 2023 | 109 | $16.4M | $426,904 | $1.1M |
| 2022 | 103 | $13.8M | $282,934 | $895,089 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES | Other Service Provider | — | $43,821 | $43,821 |
| VOYA RETIREMENT INSURANCE AND ANNUI | Other Service Provider | $23,393 | — | $23,393 |
| WELLS THOMAS, LLC | Recordkeeper | — | $8,462 | $8,462 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,676
- Estimated Expense Ratio: 0.404% 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 |
|---|---|---|---|---|---|
| 2025 | $1,365,623 | $23,393 | $5,475 | — | — |
| 2024 | $24,936 | $20,386 | $4,200 | — | — |
| 2023 | $11,564 | — | $11,564 | — | — |
| 2022 | $10,669 | — | $10,669 | — | — |