Plan Snapshot
- Plan Sponsor: Amarillo College Of Hairdressing
- Sponsor EIN: 751640547
- Sponsor Address: 2435 WEST BEECH AVENUE, #4139, VISALIA, CA, 93277
- Plan Type: 401(k)
- Total Participants: 508
- Total Assets: $8.0M
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 | 508 | $8.0M | $0 | $847,345 |
| 2023 | 469 | $7.0M | $612 | $660,559 |
| 2022 | 409 | $6.4M | $2 | $601,388 |
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 |
|---|---|---|---|---|
| SALMON SIMS THOMAS & ASSOCIATES | Auditor | — | — | $0 |
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 | $69,517 | $29,550 | — | — | — |
| 2023 | $58,046 | $26,048 | — | — | — |
| 2022 | $58,427 | $27,073 | — | — | — |