Plan Snapshot
- Plan Sponsor: Brevard Achievement Center, INC. 40
- Sponsor EIN: 591203280
- Sponsor Address: 1845 COGSWELL STREET, ROCKLEDGE, FL, 32955
- Plan Type: 401(k)
- Total Participants: 96
- Total Assets: $7.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 96 | $7.1M | $208,917 | $397,975 |
| 2023 | 92 | $6.5M | $209,069 | $388,460 |
| 2022 | 108 | $5.7M | $188,650 | $352,660 |
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 |
|---|---|---|---|---|
| CARR RIGGS & INGRAM | 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 | $4,391 | — | $4,341 | — | — |
| 2023 | $8,987 | $8,721 | — | — | — |
| 2022 | $10,633 | — | — | — | — |