Plan Snapshot
- Plan Sponsor: American Software, INC.
- Sponsor EIN: 581098795
- Sponsor Address: 470 E PACES FERRY RD., ATLANTA, GA, 30305
- Plan Type: 401(k)
- Total Participants: 227
- Total Assets: $78.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 227 | $78.5M | $296,382 | $3.3M |
| 2023 | 235 | $72.2M | $343,517 | $3.8M |
| 2022 | 316 | $61.7M | $352,592 | $3.7M |
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 |
|---|---|---|---|---|
| MSTILLER LLC | Auditor | $27,000 | — | $27,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSTILLER LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,000
- Estimated Expense Ratio: 0.034% 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 | -$34,660 | $9,768 | — | $27,000 | — |
| 2023 | -$48,387 | $10,501 | $600 | $12,000 | — |
| 2022 | -$47,087 | $9,796 | — | — | — |