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 |
|---|---|---|---|---|
| TEAL, BECKER & CHIARAMONTE CPA'S PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TEAL, BECKER & CHIARAMONTE CPA'S PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | — | — |