Plan Snapshot
- Plan Sponsor: Automatic Equipment Mfg. Co.
- Sponsor EIN: 470521127
- Sponsor Address: ONE MILL ROAD INDUSTRIAL PARK, PENDER, NE, 68047
- Plan Type: 401(k)
- Total Participants: 127
- Total Assets: $9.1M
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 | 127 | $9.1M | $161,634 | $434,843 |
| 2023 | 122 | $8.6M | $175,132 | $473,566 |
| 2022 | 127 | $7.8M | $159,557 | $445,322 |
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 |
|---|---|---|---|---|
| MCMILLEN DOVALI CO., P.C. | Auditor | $16,400 | — | $16,400 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,400
- Estimated Expense Ratio: 0.179% 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 | $59,682 | $2,149 | — | $16,400 | — |
| 2023 | $56,375 | $37,396 | — | $16,300 | — |
| 2022 | $46,394 | $46,394 | — | — | — |