Plan Snapshot
- Plan Sponsor: Arc-Tronics, INC.
- Sponsor EIN: 362754459
- Sponsor Address: 1150 PAGNI DRIVE, ELK GROVE VILLAGE, IL, 60007
- Plan Type: 401(k)
- Total Participants: 171
- Total Assets: $4.6M
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 | 171 | $4.6M | $36,489 | $364,886 |
| 2023 | 152 | $4.0M | $30,330 | $303,295 |
| 2022 | 134 | $3.1M | $26,467 | $264,720 |
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 |
|---|---|---|---|---|
| WEISS & COMPANY LLP | 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 | $40,565 | — | $40,565 | — | — |
| 2023 | $32,830 | — | $32,830 | — | — |
| 2022 | $29,617 | — | $29,617 | — | — |