Plan Snapshot
- Plan Sponsor: Actsoft INC
- Sponsor EIN: 593490657
- Sponsor Address: 10006 NORTH DALE MABRY HIGHWAY, TAMPA, FL, 33618
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 79
- Total Assets: $8.5M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2023 | 79 | $8.5M | $222,818 | $462,454 |
| 2022 | 103 | $7.2M | $275,190 | $584,722 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO OF AME | Recordkeeper | $39,559 | — | $39,559 |
| JAFFE TILCHIN WEALTH MANAGEMENT INC | Investment Advisor | $18,545 | — | $18,545 |
| PENSERVCO, INC. | Recordkeeper | $2,045 | $3,709 | $5,754 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,858
- Estimated Expense Ratio: 0.755% 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 | $41,554 | — | $41,554 | — | — |
| 2022 | $43,045 | — | $43,045 | — | — |