Plan Snapshot
- Plan Sponsor: Automatic Pool Covers, INC.
- Sponsor EIN: 351451762
- Sponsor Address: 17397 OAK RIDGE ROAD, WESTFIELD, IN, 46074
- Plan Type: 401(k)
- Total Participants: 238
- Total Assets: $12.8M
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 | 238 | $12.8M | $588,120 | $1.2M |
| 2023 | 257 | $10.2M | $563,462 | $1.2M |
| 2022 | 216 | $7.2M | $470,320 | $986,282 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | Other Service Provider | $16,289 | — | $16,289 |
| MERRILL LYNCH RETIREMENT & BENEFIT | Other Service Provider | $5,500 | — | $5,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,789
- Estimated Expense Ratio: 0.171% 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 | $21,789 | $5,500 | $16,289 | — | — |
| 2023 | $10,511 | — | $10,511 | — | — |
| 2022 | $7,857 | — | $7,857 | — | — |