# Action Facilities Management, INC. 401(k) Plan
Source: https://planprovider.pro/companies/action-facilities-management-401k-plan

> Action Facilities Management, INC.'s 401(k) plan: 194 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Action Facilities Management, INC.

- **Sponsor EIN:** 320062671

- **Sponsor Address:** 115 MALONE DRIVE, MORGANTOWN, WV, 26501

- **Plan Type:** 401(k)

- **Total Participants:** 194

- **Total Assets:** $6.1M

## 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|194|$6.1M|$211,880|$557,599|

| 2023|229|$5.3M|$220,232|$523,212|

| 2022|192|$4.2M|$215,216|$535,959|

## 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|

| PLANTE MORAN|Auditor|$25,064|—|$25,064|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $25,064

- **Estimated Expense Ratio:** 0.408% 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|$26,824|—|—|$25,064|—|

| 2023|$33,016|$44|—|—|—|

| 2022|$32,711|—|—|—|—|

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