Plan Snapshot
- Plan Sponsor: Pratt Industries U.S.A., INC.
- Sponsor EIN: 980070672
- Sponsor Address: 4004 SUMMIT BOULEVARD NE, ATLANTA, GA, 30319
- Plan Type: 401(k)
- Total Participants: 9,240
- Total Assets: $551.8M
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 | 9,240 | $551.8M | $20.9M | $43.8M |
| 2023 | 8,992 | $476.1M | $17.2M | $38.5M |
| 2022 | 8,381 | $400.8M | $14.4M | $35.1M |
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, PIERCE, FENNER AND S | RECORDKEEPER | $545,352 | — | $545,352 |
| WINDHAM BRANNON, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WINDHAM BRANNON, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $545,352
- Estimated Expense Ratio: 0.099% 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 | $1,170,929 | — | — | — | — |
| 2023 | $540,751 | — | — | — | — |
| 2022 | $562,346 | — | — | — | — |