Plan Snapshot
- Plan Sponsor: Anverse, INC.
- Sponsor EIN: 582507031
- Sponsor Address: PO BOX 3248, CARTERSVILLE, GA, 30120
- Plan Type: 401(k)
- Total Participants: 280
- Total Assets: $11.0M
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 | 280 | $11.0M | $229,889 | $678,861 |
| 2023 | 256 | $10.0M | $214,003 | $597,262 |
| 2022 | 252 | $9.0M | $184,179 | $539,379 |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $8,185 | — | $8,185 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $5,423 | — | $5,423 |
| WINDHAM BRANNON, LLC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- WINDHAM BRANNON, LLC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,608
- Estimated Expense Ratio: 0.124% 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 | $13,608 | $5,423 | — | — | — |
| 2023 | $12,854 | $5,756 | — | — | — |
| 2022 | $10,521 | $4,624 | — | — | — |