Plan Snapshot
- Plan Sponsor: Atlas Roofing Corporation
- Sponsor EIN: 640661823
- Sponsor Address: 802 HIGHWAY 19 NORTH, SUITE 190, MERIDIAN, MS, 39307
- Plan Type: 401(k)
- Total Participants: 1,603
- Total Assets: $196.1M
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 | 1,603 | $196.1M | $7.1M | $10.0M |
| 2023 | 1,484 | $170.1M | $6.3M | $8.9M |
| 2022 | 1,442 | $146.0M | $5.7M | $8.0M |
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 | $279,755 | — | $279,755 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | Other Service Provider | — | $62,143 | $62,143 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $341,898
- Estimated Expense Ratio: 0.174% 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 | $277,146 | — | $277,146 | — | — |
| 2023 | $236,132 | — | $236,132 | — | — |
| 2022 | $309,193 | — | $309,193 | — | — |