Plan Snapshot
- Plan Sponsor: Athena Technology Group, INC.
- Sponsor EIN: 272806707
- Sponsor Address: P.O. BOX 487, EAST SETAUKET, NY, 11733
- Plan Type: 401(k)
- Total Participants: 88
- Total Assets: $3.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 88 | $3.7M | $369,937 | $704,295 |
| 2023 | 133 | $2.5M | $373,409 | $732,695 |
| 2022 | 105 | $1.3M | $346,500 | $742,898 |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC | Recordkeeper | $13,813 | — | $13,813 |
| TIGERS EYE BENEFITS CONSULTING | Recordkeeper | $10,545 | — | $10,545 |
| GLOBAL RETIREMENT PARTNERS | Investment Advisor | $9,088 | — | $9,088 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $33,446
- Estimated Expense Ratio: 0.904% 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 | $28,188 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |