401k Record

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Bloom Retirement Holdings 401(k)

Recordkeeping fees per participant · American Advisors Group 401(k) Plan · plan year 2023

$21,409.00

Higher than 99% of the 449 plans under $1M that report it.

Source

= $64,227 / 3
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241015143024NAL0056675026001, received 2024-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015143024NAL0056675026001, received 2024-10-15

10th: $3.63median $29.3490th: $512.20

Percentiles compare this plan with the Schedule H plans under $1M 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 2024-10-15.

Cost and contributions

Administrative expenses excluding investment management, per participant

$22,909.00

10th: $5.71median $43.2190th: $1,048.57

Higher than 97% of the 869 plans under $1M that report it.

Source

= $68,727 / 3
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241015143024NAL0056675026001, received 2024-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015143024NAL0056675026001, received 2024-10-15

Administrative expenses per participant

$44,185.67

10th: $2.51median $40.3290th: $925.14

Higher than 98% of the 1,003 plans under $1M that report it.

Source

= $132,557 / 3
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241015143024NAL0056675026001, received 2024-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015143024NAL0056675026001, received 2024-10-15

Administrative expenses as a share of assets

4367.611%

10th: 0.154%median 1.286%90th: 71.044%

Higher than 96% of the 1,045 plans under $1M that report it.

Source

= $132,557 / $3,035
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241015143024NAL0056675026001, received 2024-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241015143024NAL0056675026001, received 2024-10-15

Employer contributions per participant

$245,646

10th: $104median $46590th: $3,041

Higher than 98% of the 580 plans under $1M that report it.

Source

= $736,939 / 3
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241015143024NAL0056675026001, received 2024-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015143024NAL0056675026001, received 2024-10-15

Employer share of total contributions

30.8%

10th: 10.6%median 30.9%90th: 47.7%

Higher than 49% of the 610 plans under $1M that report it.

Source

= $736,939 / $2,394,249
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241015143024NAL0056675026001, received 2024-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241015143024NAL0056675026001, received 2024-10-15

Plan terms, as stated in Bloom Retirement Holdings Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2T default investment (QDIA) · 3D IRS pre-approved plan · 2K 401(m) arrangement · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20241015143024NAL0056675026001, received 2024-10-15

Full record, American Advisors Group 401(k) Plan

FieldValueSource
Plan sponsorAMERICAN ADVISORS GROUPForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241015143024NAL0056675026001, received 2024-10-15
Plan nameAMERICAN ADVISORS GROUP 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20241015143024NAL0056675026001, received 2024-10-15
Sponsor EIN / plan number20-1832276 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241015143024NAL0056675026001, received 2024-10-15
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241015143024NAL0056675026001, received 2024-10-15
Sponsor locationCOSTA MESA, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241015143024NAL0056675026001, received 2024-10-15
Industry (business code)522292, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20241015143024NAL0056675026001, received 2024-10-15
Plan year2023-01-01 to 2023-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241015143024NAL0056675026001, received 2024-10-15
Filing received2024-10-15Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241015143024NAL0056675026001, received 2024-10-15
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241015143024NAL0056675026001, received 2024-10-15
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20241015143024NAL0056675026001, received 2024-10-15
Participants, beginning of year1,402Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241015143024NAL0056675026001, received 2024-10-15
Active participants5Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241015143024NAL0056675026001, received 2024-10-15
Participants, end of year8Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241015143024NAL0056675026001, received 2024-10-15
Participants with an account balance3Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241015143024NAL0056675026001, received 2024-10-15
Total assets, beginning of year$47,827,048Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241015143024NAL0056675026001, received 2024-10-15
Total assets, end of year$3,035Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241015143024NAL0056675026001, received 2024-10-15
Net assets, end of year$3,035Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241015143024NAL0056675026001, received 2024-10-15
Total income$7,466,329Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241015143024NAL0056675026001, received 2024-10-15
Net income$-47,824,013Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241015143024NAL0056675026001, received 2024-10-15
Employer contributions$736,939Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241015143024NAL0056675026001, received 2024-10-15
Participant contributions$1,610,317Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241015143024NAL0056675026001, received 2024-10-15
Other contributions (incl. rollovers)$46,993Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20241015143024NAL0056675026001, received 2024-10-15
Total contributions$2,394,249Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241015143024NAL0056675026001, received 2024-10-15
Benefit payments$55,125,883Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241015143024NAL0056675026001, received 2024-10-15
Total expenses (incl. benefit payments)$55,290,342Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241015143024NAL0056675026001, received 2024-10-15
Total administrative expenses$132,557Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241015143024NAL0056675026001, received 2024-10-15
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20241015143024NAL0056675026001, received 2024-10-15
Recordkeeping fees$64,227Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20241015143024NAL0056675026001, received 2024-10-15
IQPA audit fees$4,500Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20241015143024NAL0056675026001, received 2024-10-15
Investment advisory and management fees$63,830Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20241015143024NAL0056675026001, received 2024-10-15
Administrative expenses excluding investment management$68,727derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241015143024NAL0056675026001, received 2024-10-15
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20241015143024NAL0056675026001, received 2024-10-15
Held in common/collective trusts$927Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20241015143024NAL0056675026001, received 2024-10-15
Held in mutual funds$0Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20241015143024NAL0056675026001, received 2024-10-15
Independent auditorMARCUM LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241015143024NAL0056675026001, received 2024-10-15

Position = column in the DOL layout for form year 2023. Filing 20241015143024NAL0056675026001, received 2024-10-15.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees $64,227yes
NFP RETIREMENT INCADVISOR 27 Investment advisory (plan) $63,830no

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 20241015143024NAL0056675026001, received 2024-10-15.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

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Sponsor name as filed: AMERICAN ADVISORS GROUP; SEC registrant: Bloom Retirement Holdings Inc. (CIK 1466992, matched by EIN).