Plan Snapshot
- Plan Sponsor: American Institute Of Certified Public Accountants Group Insurance Tru
- Sponsor EIN: 456549619
- Sponsor Address: 220 LEIGH FARM RD, DURHAM, NC, 277078110
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 35,076
- Total Assets: $9.0M
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 | 35,076 | $9.0M | $20.7M | $0 |
| 2023 | 39,968 | $7.8M | $21.3M | $0 |
| 2022 | 40,881 | $5.9M | $23.2M | $53,406 |
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 |
|---|---|---|---|---|
| AFFINITY INSURANCE SERVICE | Other Service Provider | $1,634,313 | — | $1,634,313 |
| COHNREZNICK LLP | Auditor | $111,841 | — | $111,841 |
| BNY MELLON | Custodian / Trustee | $91,456 | — | $91,456 |
| PAYMENTECH LLC | Other Service Provider | $87,183 | — | $87,183 |
| LEE LAUNER | Other Service Provider | $18,450 | — | $18,450 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,943,243
- Estimated Expense Ratio: 21.534% 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 | $8,077,437 | — | $1,653,402 | $6,311,479 | — |
| 2023 | $6,286,784 | — | $1,418,084 | $4,757,812 | — |
| 2022 | $5,064,395 | — | $1,289,578 | — | $107,344 |