Plan Snapshot
- Plan Sponsor: Albuquerque Academy
- Sponsor EIN: 850129165
- Sponsor Address: 6400 WYOMING BLVD NE, ALBUQUERQUE, NM, 871093843
- Plan Type: 403(b)
- Total Participants: 257
- Total Assets: $82.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 257 | $82.6M | $869,709 | $1.7M |
| 2023 | 286 | $80.2M | $889,722 | $1.7M |
| 2022 | 263 | $74.4M | $838,149 | $1.6M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN LLP | Auditor | $20,643 | — | $20,643 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,643
- Estimated Expense Ratio: 0.025% 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 | $28,592 | $6,922 | $8 | $20,643 | — |
| 2023 | $25,549 | $3,866 | — | $20,670 | — |
| 2022 | $5,921 | $3,253 | — | — | — |