Plan Snapshot
- Plan Sponsor: Amadas Group, INC.
- Sponsor EIN: 541504913
- Sponsor Address: 1100 HOLLAND ROAD, SUFFOLK, VA, 23434
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 237
- Total Assets: $30.4M
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 | 237 | $30.4M | $0 | $0 |
| 2024 | 168 | $27.5M | $945,949 | $679,438 |
| 2023 | 175 | $24.8M | $900,600 | $649,336 |
| 2022 | 164 | $23.6M | $883,730 | $570,467 |
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 |
|---|---|---|---|---|
| WELLS FARGO ADVISORS | Other Service Provider | $60,306 | — | $60,306 |
| ASCENSUS LLC | Other Service Provider | $29,634 | — | $29,634 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,940
- Estimated Expense Ratio: 0.296% 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 | $3,435,302 | $60,306 | $29,634 | — | — |
| 2024 | $87,106 | $57,192 | $29,914 | — | — |
| 2023 | $77,772 | — | $77,772 | — | — |
| 2022 | $63,512 | $55,735 | $7,777 | — | — |