Plan Snapshot
- Plan Sponsor: Alpek Polyester Usa, LLC
- Sponsor EIN: 522343187
- Sponsor Address: 7621 LITTLE AVE, SUITE 500, CHARLOTTE, NC, 28226
- Plan Type: DB
- Total Participants: 48
- Total Assets: $70.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 48 | $70.8M | $383,627 | $0 |
| 2023 | 57 | $74.6M | $1.9M | $0 |
| 2022 | 82 | $71.9M | $0 | $0 |
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 |
|---|---|---|---|---|
| LONG CPA, PLLC | Auditor | — | — | $0 |
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 | $725,339 | $19,726 | $176,749 | — | — |
| 2023 | $851,566 | $149,446 | $182,740 | $7,000 | — |
| 2022 | $693,001 | — | $187,139 | — | $14,000 |