Plan Snapshot
- Plan Sponsor: True North Classical Academy, INC.
- Sponsor EIN: 464566968
- Sponsor Address: 9393 SUNSET DRIVE, MIAMI, FL, 33173
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 369
- Total Assets: $3.0M
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. |
|---|---|---|---|---|
| 2025 | 369 | $3.0M | $0 | $0 |
| 2024 | 272 | $1.9M | $232,437 | $353,677 |
| 2023 | 244 | $1.0M | $120,442 | $208,155 |
| 2022 | 214 | $491,558 | $54,829 | $152,519 |
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 |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | Other Service Provider | $15,882 | — | $15,882 |
| AXXCESS WEALTH MANAGEMENT | Other Service Provider | $7,798 | — | $7,798 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,680
- Estimated Expense Ratio: 0.780% 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 |
|---|---|---|---|---|---|
| 2025 | $94,568 | $11,108 | — | — | — |
| 2024 | $15,673 | $6,741 | — | — | — |
| 2023 | $15,146 | — | — | — | — |
| 2022 | $6,544 | — | — | — | — |