Plan Snapshot
- Plan Sponsor: Atlantic Track & Turnout Co.
- Sponsor EIN: 221764943
- Sponsor Address: 400 BROADACRES DR., SUITE 415, BLOOMFIELD, NJ, 07003
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 212
- Total Assets: $5.6M
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 | 212 | $5.6M | $40,972 | $545,086 |
| 2023 | 199 | $5.6M | $41,542 | $524,379 |
| 2022 | 212 | $5.6M | $41,152 | $493,670 |
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 | Recordkeeper | $18,393 | — | $18,393 |
| GALLAGHER BENEFIT SERVICES INC DBA | Investment Advisor | $13,711 | — | $13,711 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $8,248 | — | $8,248 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,352
- Estimated Expense Ratio: 0.717% 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 | $40,352 | $21,959 | — | — | — |
| 2023 | $33,774 | $19,785 | — | — | — |
| 2022 | $10,577 | $8,041 | $2,536 | — | — |