Plan Snapshot
- Plan Sponsor: Answers In Genesis, INC.
- Sponsor EIN: 330596423
- Sponsor Address: PO BOX 510, HEBRON, KY, 41048
- Plan Type: 401(k)
- Total Participants: 1,068
- Total Assets: $12.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,068 | $12.4M | $186,972 | $1.2M |
| 2023 | 1,041 | $10.6M | $159,296 | $1.1M |
| 2022 | 952 | $8.0M | $141,192 | $937,198 |
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 |
|---|---|---|---|---|
| BARNES DENNIG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BARNES DENNIG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $73,702 | $39,945 | $24,814 | — | — |
| 2023 | $56,655 | $30,875 | $21,865 | — | — |
| 2022 | $50,273 | $26,883 | $22,390 | — | $1,000 |