Plan Snapshot
- Plan Sponsor: Acceleration, LLC Dba Acceleration Community Of Companies
- Sponsor EIN: 823270559
- Sponsor Address: 1875 CENTURY PARK EAST, SUITE 1200, LOS ANGELES, CA, 90067
- Plan Type: 401(k)
- Total Participants: 299
- Total Assets: $7.5M
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 | 299 | $7.5M | $466,041 | $1.2M |
| 2023 | 290 | $5.4M | $446,998 | $1.2M |
| 2022 | 158 | $2.9M | $318,891 | $794,901 |
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 |
|---|---|---|---|---|
| AURORA PRIVATE WEALTH INC | Investment Advisor | $8,596 | — | $8,596 |
| SECURITIES AMERICA, INC. | Investment Advisor | $7,152 | — | $7,152 |
| ACTUARIAL BENEFIT CORP. | Other Service Provider | $7,053 | — | $7,053 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,801
- Estimated Expense Ratio: 0.304% 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 | $23,371 | — | $23,371 | — | — |
| 2023 | $9,360 | — | $9,360 | — | — |
| 2022 | $17,468 | — | — | — | $17,468 |