Plan Snapshot
- Plan Sponsor: Austrian Motors Corp.
- Sponsor EIN: 521080846
- Sponsor Address: 9030 COMPRINT CT, GAITHERSBURG, MD, 20877
- Plan Type: 401(k)
- Total Participants: 605
- Total Assets: $64.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 605 | $64.1M | $731,578 | $3.2M |
| 2023 | 452 | $59.3M | $780,589 | $3.3M |
| 2022 | 445 | $54.1M | $830,660 | $3.5M |
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 |
|---|---|---|---|---|
| PROACCOUNT | Investment Advisor | $121,300 | — | $121,300 |
| NATIONWIDE TRUST COMPANY, FSB | Recordkeeper | $107,382 | — | $107,382 |
| MORGAN STANLEY | Investment Advisor | $89,967 | — | $89,967 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $318,649
- Estimated Expense Ratio: 0.497% 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 | $301,000 | — | — | — | — |
| 2023 | $279,505 | — | — | — | — |
| 2022 | $265,193 | — | $265,193 | — | — |