Plan Snapshot
- Plan Sponsor: Futaba Corporation Of America
- Sponsor EIN: 952845307
- Sponsor Address: 5401 TRILLIUM BOULEVARD SUITE A225, HOFFMAN ESTATES, AL, 60192
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 119
- Total Assets: $8.5M
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. |
|---|---|---|---|---|
| 2025 | 119 | $8.5M | $0 | $0 |
| 2024 | 80 | $7.9M | $118,343 | $358,403 |
| 2023 | 88 | $8.2M | $31,729 | $101,903 |
| 2022 | 28 | $5.4M | $45,096 | $148,401 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $42,585 | — | $42,585 |
| WILLIAM BLAIR & COMPANY LLC | Investment Advisor | — | $12,546 | $12,546 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,131
- Estimated Expense Ratio: 0.647% 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 |
|---|---|---|---|---|---|
| 2025 | $831,156 | — | — | — | — |
| 2024 | $41,998 | — | $10,615 | — | — |
| 2023 | $2,066,318 | — | — | — | — |
| 2022 | $897,332 | — | — | — | — |