Plan Snapshot
- Plan Sponsor: Archer Education, INC.
- Sponsor EIN: 205443842
- Sponsor Address: 10975 BENSON DR STE 150, OVERLAND PARK, KS, 66210
- Plan Type: 401(k)
- Total Participants: 170
- Total Assets: $14.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 170 | $14.9M | $612,402 | $1.4M |
| 2023 | 139 | $12.2M | $596,702 | $1.3M |
| 2022 | 163 | $8.4M | $589,176 | $1.3M |
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 |
|---|---|---|---|---|
| VIRCHOW KRAUSE & COMPANY, LLP | Auditor | — | — | $0 |
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 | $77,428 | $31,716 | — | — | — |
| 2023 | $57,855 | $23,668 | — | — | — |
| 2022 | $46,493 | $2,713 | — | — | — |