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: 519
- Total Assets: $34.2M
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 | 519 | $34.2M | $1.7M | $2.9M |
| 2023 | 483 | $31.6M | $1.3M | $2.5M |
| 2022 | 443 | $28.5M | $1.3M | $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 | Recordkeeper | $33,863 | — | $33,863 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | Other Service Provider | — | $11,210 | $11,210 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,073
- Estimated Expense Ratio: 0.132% 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 | $33,654 | — | $33,654 | — | — |
| 2023 | $30,929 | — | $30,929 | — | — |
| 2022 | $26,462 | — | $26,462 | — | — |