Plan Snapshot
- Plan Sponsor: American Central Financial Group
- Sponsor EIN: 370985153
- Sponsor Address: 3300 HEDLEY ROAD, SPRINGFIELD, IL, 62711
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $15.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 115 | $15.8M | $365,911 | $713,040 |
| 2023 | 120 | $14.3M | $384,067 | $763,191 |
| 2022 | 122 | $12.7M | $365,442 | $680,381 |
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 |
|---|---|---|---|---|
| ESTES, BRIDGEWATER & OGDEN | Other Service Provider | $5,500 | — | $5,500 |
| CAPITAL ACCOUNTING & AUDIT, LLC | Auditor | $5,500 | — | $5,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,000
- Estimated Expense Ratio: 0.070% 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 | $9,113 | — | — | $5,500 | — |
| 2023 | $8,227 | — | — | $5,300 | — |
| 2022 | $8,270 | — | — | — | $8,270 |