Plan Snapshot
- Plan Sponsor: American Military Academy Corporation
- Sponsor EIN: 660244040
- Sponsor Address: CARRETERA #177, KM 2.4, GUAYNABO, PR, 00970
- Plan Type: DC
- Total Participants: 72
- Total Assets: $1.8M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 72 | $1.8M | $3,145 | $89,691 |
| 2023 | 73 | $1.8M | $3,515 | $107,657 |
| 2022 | 80 | $1.7M | $3,216 | $102,472 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $18,887 | — | $18,887 |
| CETERA ADVISOR NETWORKS LLC | BROKER/ ADVISOR | — | $6,665 | $6,665 |
| SHARON & GONZALEZ CPAS LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,552
- Estimated Expense Ratio: 1.397% 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 | $19,021 | — | — | — | — |
| 2023 | $510 | — | — | — | — |
| 2022 | $1,080 | — | — | — | — |