Plan Snapshot
- Plan Sponsor: Ats Logistics, INC.
- Sponsor EIN: 571106038
- Sponsor Address: 4033 WEST MONTAGUE AVENUE, NORTH CHARLESTON, SC, 29418
- Plan Type: 401(k)
- Total Participants: 77
- Total Assets: $2.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 77 | $2.6M | $194,113 | $296,717 |
| 2022 | 96 | $3.0M | $170,370 | $294,539 |
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 |
|---|---|---|---|---|
| KOVACK ADVISORS | Investment Advisor | $32,316 | — | $32,316 |
| NEWPORT GROUP, INC. | Recordkeeper | $23,844 | — | $23,844 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,160
- Estimated Expense Ratio: 2.183% 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 |
|---|---|---|---|---|---|
| 2023 | $28,080 | $16,158 | $6,347 | — | — |
| 2022 | $21,506 | $14,281 | $7,225 | — | — |