Plan Snapshot
- Plan Sponsor: Advanced Concepts Enterprises INC.
- Sponsor EIN: 050546385
- Sponsor Address: 15 YACHT CLUB DRIVE NE, FORT WALTON BEACH, FL, 32548
- Plan Type: 401(k)
- Total Participants: 231
- Total Assets: $5.4M
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 | 231 | $5.4M | $436,553 | $921,928 |
| 2023 | 181 | $4.7M | $291,500 | $692,607 |
| 2022 | 129 | $3.6M | $137,562 | $408,253 |
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 |
|---|---|---|---|---|
| WARREN AVERETT | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT — Auditor
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 | $36,376 | $21,916 | — | — | — |
| 2023 | $21,451 | $14,986 | — | — | — |
| 2022 | $5,784 | — | $5,784 | — | — |