Plan Snapshot
- Plan Sponsor: Aaa Life Insurance Company
- Sponsor EIN: 520891929
- Sponsor Address: 17900 N. LAUREL PARK DRIVE, LIVONIA, MI, 48152
- Plan Type: 401(k)
- Total Participants: 860
- Total Assets: $98.5M
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. |
|---|---|---|---|---|
| 2024 | 860 | $98.5M | $5.8M | $5.7M |
| 2023 | 802 | $81.8M | $4.0M | $4.4M |
| 2022 | 640 | $67.7M | $3.5M | $3.9M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $62,690 | — | $62,690 |
| WELLS FARGO ADVISORS | Other Service Provider | $33,333 | — | $33,333 |
| VOYA RETIREMENT ADVISORS, LLC | Other Service Provider | $24,891 | — | $24,891 |
| BDO | Auditor | $14,870 | — | $14,870 |
| MORNINGSTAR | Recordkeeper | — | $13,500 | $13,500 |
| WELLS FARGO ADVISORS | Other Service Provider | $6,667 | — | $6,667 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO — Auditor
- MORNINGSTAR — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $155,951
- Estimated Expense Ratio: 0.158% 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 | $144,215 | $82,790 | $39,975 | — | — |
| 2023 | $128,252 | $73,897 | $33,355 | — | — |
| 2022 | $102,687 | — | — | — | — |