American Future Systems, INC. Dba Successfuel 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: American Future Systems, INC. Dba Successfuel
  • Sponsor EIN: 231897431
  • Sponsor Address: 660 AMERICAN AVE, SUITE 203, KING OF PRUSSIA, PA, 19406
  • Plan Type: 401(k)
  • Total Participants: 46
  • Total Assets: $16.1M

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202446$16.1M$45,424$379,046
202367$16.7M$113,415$456,004
202275$16.2M$123,060$441,786

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
CBIZ CPAS PCAuditor$20,280$20,280

Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

  • Total Service Provider Fees: $20,280
  • Estimated Expense Ratio: 0.126% 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$48,811$8,474$20,057$20,280
2023$77,563$8,173$52,750$16,640
2022$63,536$8,970$38,966$15,600

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