Plan Snapshot
- Plan Sponsor: Foster Adopt Connect, INC.
- Sponsor EIN: 431895965
- Sponsor Address: 18600 EAST 37TH TERRACE S, INDEPENDENCE, MO, 64057
- Plan Type: 403(b)
- Total Participants: 295
- Total Assets: $3.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 295 | $3.5M | $273,565 | $572,549 |
| 2023 | 298 | $2.7M | $374,033 | $503,814 |
| 2022 | 301 | $1.7M | $356,940 | $358,932 |
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, LLP | 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 | $37,417 | $15,852 | — | — | — |
| 2023 | $27,733 | $10,309 | — | — | — |
| 2022 | $10,121 | $3,428 | $2,452 | — | — |