Plan Snapshot
- Plan Sponsor: First Acceptance Corporation
- Sponsor EIN: 621754781
- Sponsor Address: 3813 GREEN HILLS VILLAGE DRIVE, NASHVILLE, TN, 37215
- Plan Type: 401(k)
- Total Participants: 686
- Total Assets: $37.4M
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 | 686 | $37.4M | $1.2M | $2.5M |
| 2023 | 579 | $41.7M | $1.8M | $3.6M |
| 2022 | 1,198 | $36.6M | $1.7M | $3.5M |
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 |
|---|---|---|---|---|
| CROWE LLC | 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 | $170,730 | $99,230 | — | — | — |
| 2023 | $191,777 | $99,489 | — | — | — |
| 2022 | $195,503 | $26,216 | — | — | — |