Plan Snapshot
- Plan Sponsor: Automatic Payroll Systems, INC.
- Sponsor EIN: 721336225
- Sponsor Address: 3010 KNIGHT STREET, SUITE 300, SHREVEPORT, LA, 71105
- Plan Type: 401(k)
- Total Participants: 185
- Total Assets: $5.3M
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 | 185 | $5.3M | $347,912 | $578,361 |
| 2023 | 170 | $3.9M | $343,246 | $547,011 |
| 2022 | 157 | $2.6M | $252,068 | $414,927 |
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 |
|---|---|---|---|---|
| ROZIER, MCKAY, & WILLIS, CPA'S | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROZIER, MCKAY, & WILLIS, CPA'S — 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 | $60,235 | — | — | — | — |
| 2023 | $42,432 | — | — | — | — |
| 2022 | $28,823 | — | $1,150 | — | $27,673 |