Plan Snapshot
- Plan Sponsor: Area Agency On Aging District 7
- Sponsor EIN: 310971399
- Sponsor Address: 1 ACY AVENUE, JACKSON, OH, 45640
- Plan Type: 401(k)
- Total Participants: 193
- Total Assets: $8.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 193 | $8.3M | $504,550 | $453,333 |
| 2023 | 187 | $7.9M | $495,603 | $498,067 |
| 2022 | 190 | $6.7M | $464,440 | $455,888 |
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 |
|---|---|---|---|---|
| CADARET GRANT & CO INC. | Other Service Provider | $38,748 | — | $38,748 |
| SECURITIES AMERICA | Other Service Provider | $13,088 | — | $13,088 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,836
- Estimated Expense Ratio: 0.627% 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 | $57,105 | — | — | — | — |
| 2023 | $88,524 | — | $64,604 | — | — |
| 2022 | $83,869 | — | $83,869 | — | — |