Plan Snapshot
- Plan Sponsor: Arcet Equipment Company
- Sponsor EIN: 540647817
- Sponsor Address: P O BOX 26269, RICHMOND, VA, 23260
- Plan Type: DB
- Total Participants: 0
- Total Assets: $1.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $1.7M | $0 | $0 |
| 2023 | 174 | $17.3M | $0 | $0 |
| 2022 | 115 | $19.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| USI CONSULTING GROUP | NONE | $49,590 | — | $49,590 |
| WELLSCOLEMAN | NONE | $25,750 | — | $25,750 |
| INVESTMENT RESEARCH & ADVISORY GRP | NONE | $15,000 | — | $15,000 |
| MPCOMPANY, LLP | NONE | $11,000 | — | $11,000 |
| TRUIST | NONE | $8,819 | — | $8,819 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WELLSCOLEMAN — NONE
- MPCOMPANY, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,159
- Estimated Expense Ratio: 6.489% 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 | $110,174 | $15,000 | — | $36,750 | — |
| 2023 | $102,322 | $72,972 | — | — | — |
| 2022 | $256,130 | $130,558 | — | — | — |