Plan Snapshot
- Plan Sponsor: Air-Conditioning Innovative Solutions
- Sponsor EIN: 842418586
- Sponsor Address: 1028 N MCDONALD ST, MCKINNEY, TX, 750692144
- Plan Type: 401(k)
- Total Participants: 238
- Total Assets: $11.8M
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 | 238 | $11.8M | $451,699 | $706,076 |
| 2023 | 216 | $10.3M | $817,931 | $581,516 |
| 2022 | 236 | $9.5M | $494,897 | $629,014 |
| 2020 | 156 | $7.3M | $0 | $0 |
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 |
|---|---|---|---|---|
| WEAVER AND TIDWELL, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, LLP — 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 | $81,802 | $30,029 | $7,282 | — | — |
| 2023 | $67,792 | — | $67,792 | — | — |
| 2022 | $43,467 | — | $43,467 | — | — |
| 2020 | $23,043 | — | — | — | — |