Plan Snapshot
- Plan Sponsor: Action Pact, INC.
- Sponsor EIN: 581032805
- Sponsor Address: 510 TEBEAU ST., WAYCROSS, GA, 31501
- Plan Type: 401(k)
- Total Participants: 426
- Total Assets: $8.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 426 | $8.9M | $131,595 | $305,766 |
| 2023 | 411 | $9.0M | $193,870 | $346,068 |
| 2022 | 371 | $7.7M | $196,357 | $369,589 |
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 |
|---|---|---|---|---|
| DRAFFIN & TUCKER LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $47,997 | — | — | — | — |
| 2023 | $11,908 | — | $11,908 | — | — |
| 2022 | $3,464 | — | $3,464 | — | — |