Plan Snapshot
- Plan Sponsor: Aaaa Group Insurance Trust
- Sponsor EIN: 133685892
- Sponsor Address: 307 WEST TREMONT AVENUE, SUITE 200, CHARLOTTE, NC, 282034902
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,210
- Total Assets: $399,932
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. |
|---|---|---|---|---|
| 2025 | 2,210 | $399,932 | $0 | $0 |
| 2024 | 2,672 | $397,891 | $0 | $1.7M |
| 2023 | 2,420 | $387,990 | $0 | $1.7M |
| 2022 | 2,643 | $353,455 | $0 | $2.0M |
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 |
|---|---|---|---|---|
| AAAA BENEFITS, INC | Other Service Provider | $252,651 | — | $252,651 |
| GRANT THORNTON, LLP | Auditor | $27,632 | — | $27,632 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $280,283
- Estimated Expense Ratio: 70.083% 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 | $1,710,283 | — | $252,651 | — | — |
| 2024 | $287,347 | — | $253,749 | — | — |
| 2023 | $311,378 | — | $253,598 | — | — |
| 2022 | $305,131 | — | $252,588 | — | — |