Plan Snapshot
- Plan Sponsor: Preferred Apartment Advisors, LLC
- Sponsor EIN: 272609991
- Sponsor Address: 3284 NORTHSIDE PARKWAY, ATLANTA, GA, 30327
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $1.0M | $1.2M |
| 2023 | 357 | $14.3M | $746,203 | $1.1M |
| 2022 | 290 | $13.8M | $472,071 | $1.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $177,732 | — | $177,732 |
| ARISTA ADVISORY GROUP | INVESTMENT ADVISORY | — | $66,954 | $66,954 |
| ASCENSUS | OTHER SERVICES | — | $9,326 | $9,326 |
| MOORE COLSON & COMPANY PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS — OTHER SERVICES
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $254,012
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 | $92,390 | — | $92,390 | — | — |
| 2023 | $88,866 | — | $88,866 | — | — |
| 2022 | $103,828 | — | $103,828 | — | — |