Plan Snapshot
- Plan Sponsor: Atlantic American Corporation
- Sponsor EIN: 581027114
- Sponsor Address: 4370 PEACHTREE ROAD, N.E., ATLANTA, GA, 30319
- Plan Type: 401(k)
- Total Participants: 158
- Total Assets: $29.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 158 | $29.2M | $992,722 | $1.3M |
| 2023 | 159 | $24.9M | $911,975 | $1.2M |
| 2022 | 144 | $23.0M | $824,362 | $1.0M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS LLP — 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 | $50,838 | — | $50,838 | — | — |
| 2023 | $53,131 | — | $53,050 | — | — |
| 2022 | $53,930 | — | $53,930 | — | — |