Plan Snapshot
- Plan Sponsor: Arnis, INC.
- Sponsor EIN: 351276252
- Sponsor Address: 2200 ELMWOOD AVENUE, LAFAYETTE, IN, 47904
- Plan Type: 401(k)
- Total Participants: 365
- Total Assets: $5.4M
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 | 365 | $5.4M | $83,116 | $239,913 |
| 2023 | 325 | $4.8M | $89,861 | $228,266 |
| 2022 | 301 | $4.0M | $101,341 | $258,594 |
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 |
|---|---|---|---|---|
| REED & COMPANY, P.C. | 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 | $2,926 | — | — | — | — |
| 2023 | $11,684 | — | — | — | — |
| 2022 | $9,108 | — | — | — | $9,108 |