Plan Snapshot
- Plan Sponsor: Arotech Corporation
- Sponsor EIN: 954302784
- Sponsor Address: 1229 OAK VALLEY DRIVE, ANN ARBOR, MI, 48108
- Plan Type: 401(k)
- Total Participants: 555
- Total Assets: $89.0M
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 | 555 | $89.0M | $1.8M | $4.1M |
| 2023 | 564 | $75.3M | $1.8M | $3.9M |
| 2022 | 526 | $66.7M | $2.1M | $3.6M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $176,258 | — | $176,258 |
| LINSCO/PRIVATE LEDGER CORP | Other Service Provider | — | $116,068 | $116,068 |
| LPL FINANCIAL | Other Service Provider | $40,693 | — | $40,693 |
| WATKINS, ROSS & CO | Other Service Provider | $19,256 | — | $19,256 |
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $17,484 | — | $17,484 |
| STELMACK DOBRANSKY & EANNACE, LLC | Other Service Provider | $11,000 | — | $11,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $380,759
- Estimated Expense Ratio: 0.428% 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 | $272,402 | — | $272,402 | — | — |
| 2023 | $247,521 | — | $6,703 | — | — |
| 2022 | $195,778 | $45,597 | $150,181 | — | — |