Plan Snapshot
- Plan Sponsor: Aries Freight Systems LP
- Sponsor EIN: 760622323
- Sponsor Address: 1501 EAST RICHEY ROAD, HOUSTON, TX, 77073
- Plan Type: 401(k)
- Total Participants: 99
- Total Assets: $3.1M
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. |
|---|---|---|---|---|
| 2024 | 99 | $3.1M | $58,586 | $341,419 |
| 2023 | 114 | $3.2M | $56,233 | $319,852 |
| 2022 | 100 | $3.0M | $50,205 | $283,884 |
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 |
|---|---|---|---|---|
| CALVIN MARTIN & COMPANY, PLLC | 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 | $28,870 | $10,343 | $18,527 | — | — |
| 2023 | $22,118 | $8,683 | $13,435 | — | — |
| 2022 | $22,968 | $11,190 | $11,778 | — | — |