Plan Snapshot
- Plan Sponsor: American Career College, INC.
- Sponsor EIN: 953236475
- Sponsor Address: 151 INNOVATION DRIVE, IRVINE, CA, 92617
- Plan Type: 401(k)
- Total Participants: 2,942
- Total Assets: $134.3M
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 | 2,942 | $134.3M | $6.6M | $13.7M |
| 2023 | 2,892 | $110.1M | $6.5M | $13.2M |
| 2022 | 2,818 | $81.2M | $5.8M | $11.8M |
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 |
|---|---|---|---|---|
| ALMICH & ASSOCIATES | Auditor | $12,200 | — | $12,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALMICH & ASSOCIATES — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,200
- Estimated Expense Ratio: 0.009% 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 | $245,061 | $26,625 | $1,500 | $12,200 | — |
| 2023 | $205,939 | — | — | $5,500 | — |
| 2022 | $218,464 | — | — | — | — |