Plan Snapshot
- Plan Sponsor: Atlas Oil Company
- Sponsor EIN: 383225417
- Sponsor Address: 335 E. MAPLE RD, BIRMINGHAM, MI, 48009
- Plan Type: 401(k)
- Total Participants: 311
- Total Assets: $15.4M
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 | 311 | $15.4M | $420,868 | $2.2M |
| 2023 | 380 | $15.6M | $608,969 | $2.4M |
| 2022 | 389 | $11.9M | $466,621 | $2.1M |
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 | CONTRACT ADMINISTRATOR | $89,569 | — | $89,569 |
| WELLS FARGO CLEARING SVCS (WF ADVS) | INVESTMENT ADVISORY | — | $37,381 | $37,381 |
| DOEREN MAYHEW | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOEREN MAYHEW — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $126,950
- Estimated Expense Ratio: 0.822% 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 | $89,569 | — | $89,569 | — | — |
| 2023 | $81,372 | — | $81,372 | — | — |
| 2022 | $71,698 | — | $71,698 | — | — |