Employers › American Insurance Acquisitions
Recordkeeping fees per participant · American Insurance Acquisition, Inc. · plan year 2023
$9.16
Higher than 11% of the 13,318 plans $10 to 50M that report it.
= $1,063 / 116
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20240913080150NAL0004956931001, received 2024-09-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240913080150NAL0004956931001, received 2024-09-13
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-09-13.
Administrative expenses excluding investment management, per participant
$112.61
Higher than 53% of the 23,494 plans $10 to 50M that report it.
= $13,063 / 116
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240913080150NAL0004956931001, received 2024-09-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240913080150NAL0004956931001, received 2024-09-13
Administrative expenses per participant
$162.38
Higher than 47% of the 24,286 plans $10 to 50M that report it.
= $18,836 / 116
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240913080150NAL0004956931001, received 2024-09-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240913080150NAL0004956931001, received 2024-09-13
Administrative expenses as a share of assets
0.148%
Higher than 30% of the 24,321 plans $10 to 50M that report it.
= $18,836 / $12,756,263
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240913080150NAL0004956931001, received 2024-09-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240913080150NAL0004956931001, received 2024-09-13
Employer contributions per participant
$0
Fewer than 50 comparable plans report this figure; no percentile.
= $0 / 116
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240913080150NAL0004956931001, received 2024-09-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240913080150NAL0004956931001, received 2024-09-13
Employer share of total contributions
0.0%
Fewer than 50 comparable plans report this figure; no percentile.
= $0 / $256,080
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240913080150NAL0004956931001, received 2024-09-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240913080150NAL0004956931001, received 2024-09-13
Plan terms are not published in public filings.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20240913080150NAL0004956931001, received 2024-09-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | AMERICAN INSURANCE ACQUISITION, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Plan name | AMERICAN INSURANCE ACQUISITION, INC. | Form 5500, line 1a; PLAN_NAME pos 16; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Sponsor EIN / plan number | 27-3539769 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Sponsor location | ELK GROVE VILLAGE, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Industry (business code) | 524150, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Plan year | 2023-01-01 to 2023-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Filing received | 2024-09-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Participants, beginning of year | 142 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Active participants | 35 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Participants, end of year | 117 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Participants with an account balance | 116 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Total assets, beginning of year | $12,719,522 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Total assets, end of year | $12,756,263 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Net assets, end of year | $12,756,263 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Total income | $2,522,976 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Net income | $36,741 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Employer contributions | $0 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Participant contributions | $256,080 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Other contributions (incl. rollovers) | $0 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Total contributions | $256,080 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Benefit payments | $2,467,399 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Total expenses (incl. benefit payments) | $2,486,235 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Total administrative expenses | $18,836 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Recordkeeping fees | $1,063 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| IQPA audit fees | $12,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Investment advisory and management fees | $5,773 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Administrative expenses excluding investment management | $13,063 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Held in common/collective trusts | $298,871 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Held in mutual funds | $12,333,532 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20240913080150NAL0004956931001, received 2024-09-13 |
| Independent auditor | WARADY & DAVIS LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20240913080150NAL0004956931001, received 2024-09-13 |
Position = column in the DOL layout for form year 2023. Filing 20240913080150NAL0004956931001, received 2024-09-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| WARADY & DAVIS LLP | PLAN AUDITOR | 10 Accounting (including auditing) | $12,000 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $5,773 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $1,063 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20240913080150NAL0004956931001, received 2024-09-13.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.
Sponsor name as filed: AMERICAN INSURANCE ACQUISITION, INC.; SEC registrant: American Insurance Acquisitions Inc. (CIK 1505662, matched by EIN).