Plan Snapshot
- Plan Sponsor: Ameritech College LLC
- Sponsor EIN: 274239279
- Sponsor Address: 12257 BUSINESS PARK DR, DRAPER, UT, 84020
- Plan Type: 401(k)
- Total Participants: 326
- Total Assets: $11.4M
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
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 326 | $11.4M | $1.4M | $857,175 |
| 2023 | 332 | $8.2M | $745,942 | $1.2M |
| 2022 | 323 | $5.5M | $643,305 | $1.1M |
| 2021 | 269 | $5.3M | $0 | $0 |
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 | $49,012 | — | $49,012 |
| KESTRA ADVISORY SERVICES LLC | Investment Advisor | $42,755 | — | $42,755 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $12,557 | — | $12,557 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $104,324
- Estimated Expense Ratio: 0.919% 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 | $104,324 | $55,312 | — | — | — |
| 2023 | $81,301 | $37,918 | — | $7,500 | — |
| 2022 | $56,773 | $28,950 | $27,823 | — | — |
| 2021 | $44,205 | $26,318 | $17,887 | — | — |