Plan Snapshot
- Plan Sponsor: First Advantage Corporation
- Sponsor EIN: 274651162
- Sponsor Address: 1 CONCOURSE PARKWAY NE SUITE 200, ATLANTA, GA, 30328
- Plan Type: 401(k)
- Total Participants: 1,888
- Total Assets: $86.9M
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 | 1,888 | $86.9M | $1.2M | $7.0M |
| 2023 | 1,046 | $75.6M | $1.2M | $7.2M |
| 2022 | 1,245 | $63.3M | $1.3M | $7.9M |
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 |
|---|---|---|---|---|
| RAYMOND JAMES AND ASSOCIATES | Investment Advisor | $50,366 | — | $50,366 |
| NFP RETIREMENT INC | Other Service Provider | $44,389 | — | $44,389 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $24,427 | — | $24,427 |
| FIRST ADVANTAGE DBA FASTBALL INT | Auditor | $22,000 | — | $22,000 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $20,194 | — | $20,194 |
| RAYMOND JAMES AND ASSOCIATES, INC. | Recordkeeper | $13,750 | — | $13,750 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- RAYMOND JAMES AND ASSOCIATES, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $175,126
- Estimated Expense Ratio: 0.201% 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 | $69,573 | — | — | $1,890 | — |
| 2023 | $77,401 | $77,401 | — | — | — |
| 2022 | $52,435 | — | $52,435 | — | — |