Plan Snapshot
- Plan Sponsor: Adacel Systems INC.
- Sponsor EIN: 760655867
- Sponsor Address: 6490 HAZELTINE NATIONAL DRIVE, ORLANDO, FL, 32822
- Plan Type: 401(k)
- Total Participants: 132
- Total Assets: $6.1M
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 | 132 | $6.1M | $217,542 | $304,878 |
| 2023 | 79 | $5.7M | $186,332 | $261,093 |
| 2022 | 85 | $5.0M | $177,215 | $251,179 |
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 |
|---|---|---|---|---|
| CBIZ CPAS P.C. | 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 | $37,427 | $19,897 | $17,530 | — | — |
| 2023 | $33,487 | $17,674 | $15,813 | — | — |
| 2022 | $34,423 | $18,977 | $15,446 | — | — |