Plan Snapshot
- Plan Sponsor: The Altman Companies, LLC
- Sponsor EIN: 832372693
- Sponsor Address: 1515 SOUTH FEDERAL HIGHWAY, BOCA RATON, FL, 33432
- Plan Type: 401(k)
- Total Participants: 68
- Total Assets: $10.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 68 | $10.5M | $138,775 | $837,272 |
| 2023 | 63 | $10.7M | $138,936 | $1.0M |
| 2022 | 179 | $10.1M | $95,312 | $980,463 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $26,315 | — | $26,315 |
| NFP RETIREMENT INC | ADVISOR | $25,579 | — | $25,579 |
| BERKOWITZ POLLACK BRANT ADVISORS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- NFP RETIREMENT INC — ADVISOR
- BERKOWITZ POLLACK BRANT ADVISORS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,894
- Estimated Expense Ratio: 0.494% 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 | $51,894 | $25,579 | — | — | — |
| 2023 | $62,058 | $26,362 | — | — | — |
| 2022 | $59,894 | — | — | — | — |