Plan Snapshot
- Plan Sponsor: Foundation For Atlanta Veterans Education And Research, INC.
- Sponsor EIN: 581857346
- Sponsor Address: 1670 CLAIRMONT ROAD, 151F, DECATUR, GA, 30033
- Plan Type: 403(b)
- Plan Number: 403
- Total Participants: 47
- Total Assets: $12.0M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 47 | $12.0M | $93,137 | $355,016 |
| 2023 | 47 | $12.2M | $88,813 | $341,556 |
| 2022 | 56 | $10.4M | $96,480 | $350,035 |
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 |
|---|---|---|---|---|
| CBIZ INVESTMENT ADVISORY SERVICES | Other Service Provider | $105 | $29,850 | $29,955 |
| CBIZ BENEFITS & INSURANCE SERVICES | Recordkeeper | — | $11,092 | $11,092 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,047
- Estimated Expense Ratio: 0.343% 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 | $64,365 | $582 | $63,158 | — | — |
| 2023 | $53,655 | $180 | $53,250 | — | — |
| 2022 | $32,670 | — | — | — | $32,670 |