Plan Snapshot
- Plan Sponsor: Academy Mortgage Corporation
- Sponsor EIN: 870456373
- Sponsor Address: 339 WEST 13490 SOUTH, DRAPER, UT, 84020
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,314
- Total Assets: $161.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 1,314 | $161.0M | $276,116 | $9.7M |
| 2022 | 1,593 | $154.8M | $4.7M | $16.6M |
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 | $167,905 | — | $167,905 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $141,154 | — | $141,154 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $309,059
- Estimated Expense Ratio: 0.192% 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 |
|---|---|---|---|---|---|
| 2023 | $309,059 | $141,154 | $1,200 | — | — |
| 2022 | $391,590 | — | — | — | — |