Plan Snapshot
- Plan Sponsor: Facsimile Communications Industries, INC. Dba Atlantic Tomorrowsoffice
- Sponsor EIN: 131947545
- Sponsor Address: 134 W 26TH ST, NEW YORK, NY, 100016803
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 443
- Total Assets: $33.1M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 443 | $33.1M | $0 | $0 |
| 2024 | 370 | $29.2M | $0 | $2.0M |
| 2023 | 387 | $27.0M | $0 | $2.0M |
| 2022 | 378 | $26.3M | $0 | $1.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $102,785 | — | $102,785 |
| PRIVATE ADVISOR GROUP LLC | Investment Advisor | $75,966 | $28 | $75,994 |
| PENTEGRA SERVICES INC. | Recordkeeper | $16,861 | $14,150 | $31,011 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $209,790
- Estimated Expense Ratio: 0.633% 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 |
|---|---|---|---|---|---|
| 2025 | $2,785,708 | $75,966 | $120,379 | — | — |
| 2024 | $179,575 | $67,629 | $111,946 | — | — |
| 2023 | $161,654 | $50,712 | $110,942 | — | — |
| 2022 | $131,020 | — | $131,020 | — | — |