Plan Snapshot
- Plan Sponsor: Afiniti INC.
- Sponsor EIN: 550872266
- Sponsor Address: 1701 PENNSYLVANIA AVENUE NW, WASHINGTON, DC, 20006
- Plan Type: 401(k)
- Total Participants: 213
- Total Assets: $19.5M
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 | 213 | $19.5M | $1.1M | $2.6M |
| 2023 | 226 | $14.8M | $1.3M | $2.6M |
| 2022 | 264 | $10.7M | $1.1M | $2.6M |
| 2020 | 279 | $5.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER | INVESTMENT ADVISOR | $26,089 | — | $26,089 |
| APRO LLP | OTHER | $11,720 | — | $11,720 |
| THE RETIREMENT ADVANTAGE INC | CONTRACT ADMIN | $1,629 | $5,815 | $7,444 |
| HOZIK & COMPANY, P. L. C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOZIK & COMPANY, P. L. C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,253
- Estimated Expense Ratio: 0.232% 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 | $97,478 | — | — | — | — |
| 2023 | $64,752 | — | — | — | — |
| 2022 | $49,538 | — | $49,538 | — | — |
| 2020 | $51,546 | — | $51,546 | — | — |