Plan Snapshot
- Plan Sponsor: Afs Holdings, INC.
- Sponsor EIN: 816012613
- Sponsor Address: 1850 WEST 2100 SOUTH, SALT LAKE CITY, UT, 84119
- Plan Type: 401(k)
- Total Participants: 2,806
- Total Assets: $208.3M
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 | 2,806 | $208.3M | $4.8M | $9.3M |
| 2023 | 2,902 | $165.6M | $3.7M | $6.9M |
| 2022 | 2,777 | $147.7M | $3.6M | $6.6M |
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 |
|---|---|---|---|---|
| CARVER, FLOREK & JAMES, CPAS | Auditor | $31,680 | — | $31,680 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,680
- Estimated Expense Ratio: 0.015% 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 | $644,187 | $157,588 | — | $31,680 | — |
| 2023 | $456,170 | — | $456,170 | — | — |
| 2022 | $229,379 | $173,685 | $54,219 | — | — |