Plan Snapshot
- Plan Sponsor: Century Arms, INC.
- Sponsor EIN: 030212129
- Sponsor Address: 309 SANSBURYS WAY, WEST PALM BEACH, FL, 33411
- Plan Type: 401(k)
- Total Participants: 156
- Total Assets: $8.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 156 | $8.7M | $110,916 | $603,888 |
| 2023 | 142 | $7.2M | $100,580 | $587,164 |
| 2022 | 138 | $5.9M | $109,436 | $670,568 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH RETIREMENT & BENEFIT | Other Service Provider | $21,396 | — | $21,396 |
| ASCENSUS LLC | Other Service Provider | $18,012 | — | $18,012 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,408
- Estimated Expense Ratio: 0.453% 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 | $39,408 | $21,396 | $18,012 | — | — |
| 2023 | $36,767 | $17,593 | $19,174 | — | — |
| 2022 | $37,206 | $17,530 | $19,676 | — | — |