Plan Snapshot
- Plan Sponsor: Advance America Cash Advance Centers INC
- Sponsor EIN: 582332639
- Sponsor Address: 322 RHETT STREET, GREENVILLE, SC, 29601
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 3,225
- Total Assets: $49.6M
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. |
|---|---|---|---|---|
| 2025 | 3,225 | $49.6M | $0 | $0 |
| 2024 | 2,506 | $39.7M | $1.4M | $5.4M |
| 2023 | 2,460 | $34.3M | $1.2M | $4.6M |
| 2022 | 2,498 | $27.7M | $925,654 | $3.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $118,534 | — | $118,534 |
| CBIZ FINANCIAL SOLUTIONS INC | Investment Advisor | $23,988 | — | $23,988 |
| ELLIOTT DAVIS LLC | Auditor | $22,880 | — | $22,880 |
| STRATEGIC ADVISERS LLC | Investment Advisor | $15,675 | — | $15,675 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $181,077
- Estimated Expense Ratio: 0.365% 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 |
|---|---|---|---|---|---|
| 2025 | $5,092,888 | $39,663 | — | $22,880 | — |
| 2024 | $154,398 | $21,913 | — | $21,000 | — |
| 2023 | $66,746 | $9,829 | — | — | — |
| 2022 | $68,482 | $8,377 | — | — | — |