Plan Snapshot
- Plan Sponsor: American Associated Pharmacies
- Sponsor EIN: 270457933
- Sponsor Address: 201 LONNIE CRAWFORD BLVD., SCOTTSBORO, AL, 35769
- Plan Type: 401(k)
- Total Participants: 235
- Total Assets: $11.3M
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 | 235 | $11.3M | $293,050 | $657,510 |
| 2023 | 176 | $9.7M | $266,969 | $602,595 |
| 2022 | 156 | $7.7M | $251,518 | $553,215 |
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 |
|---|---|---|---|---|
| REGIONS BANK | ADVISOR | $39,628 | — | $39,628 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $27,350 | — | $27,350 |
| BMSS, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BMSS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $66,978
- Estimated Expense Ratio: 0.594% 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 | $66,978 | $39,628 | — | — | — |
| 2023 | $52,440 | $31,534 | — | — | — |
| 2022 | $50,112 | — | — | — | — |