Plan Snapshot
- Plan Sponsor: North American Risk Services, INC.
- Sponsor EIN: 133901415
- Sponsor Address: 300 INTERNATIONAL PKWY SUITE 250, LAKE MARY, FL, 32746
- Plan Type: 401(k)
- Total Participants: 536
- Total Assets: $30.8M
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 | 536 | $30.8M | $1.1M | $2.4M |
| 2023 | 499 | $25.5M | $968,620 | $2.1M |
| 2022 | 399 | $21.9M | $1.0M | $2.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $61,192 | — | $61,192 |
| KESTRA ADVISORY SERVICES LLC | INVESTMENT ADVISOR | $30,000 | — | $30,000 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $9,389 | — | $9,389 |
| MOSS, KRUSICK & ASSOCIATES | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $100,581
- Estimated Expense Ratio: 0.327% 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 | $100,581 | $39,389 | — | — | — |
| 2023 | $84,280 | $37,889 | — | — | — |
| 2022 | $101,581 | $36,517 | $65,064 | — | — |