Plan Snapshot
- Plan Sponsor: Advanced Cardiovascular Specialists LLC
- Sponsor EIN: 821064121
- Sponsor Address: P.O. BOX 51008, SHREVEPORT, LA, 71135
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $47.2M
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 | 104 | $47.2M | $1.1M | $722,954 |
| 2023 | 104 | $45.3M | $1.1M | $729,546 |
| 2022 | 100 | $39.3M | $1.0M | $686,473 |
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 |
|---|---|---|---|---|
| STEWARD PARNTERS INVESTMENTS ADVIS | Investment Advisor | $46,417 | — | $46,417 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $40,396 | — | $40,396 |
| ACUFF & ASSOCIATES, INC. | Other Service Provider | $3,000 | $10,000 | $13,000 |
| TMCE LLP | Auditor | $10,000 | — | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $109,813
- Estimated Expense Ratio: 0.233% 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 | $88,964 | — | $88,964 | — | — |
| 2023 | $92,107 | $78,222 | — | $10,000 | — |
| 2022 | $86,109 | $83,309 | $2,515 | — | — |