Plan Snapshot
- Plan Sponsor: Access Medical Acquistion, INC.
- Sponsor EIN: 463485489
- Sponsor Address: 6100 BLUE LAGOON DRIVE, SUITE 365, MIAMI, FL, 33126
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 547
- Total Assets: $3.6M
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 | 547 | $3.6M | $161,656 | $805,604 |
| 2023 | 447 | $2.6M | $164,190 | $454,310 |
| 2022 | 437 | $1.8M | $0 | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $30,398 | — | $30,398 |
| KESTRA INVESTMENT SERVICES LLC | Investment Advisor | — | $10,342 | $10,342 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA INVESTMENT SERVICES LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $40,740
- Estimated Expense Ratio: 1.141% 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 | $30,397 | — | $28,346 | — | — |
| 2023 | $21,385 | — | $21,385 | — | — |
| 2022 | $155,429 | — | $14,181 | — | — |