Plan Snapshot
- Plan Sponsor: Air Force Retired Officers Community - Washington, D.C.
- Sponsor EIN: 521404857
- Sponsor Address: 20522 FALCONS LANDING CIRCLE, POTOMAC FALLS, VA, 20165
- Plan Type: 401(k)
- Total Participants: 353
- Total Assets: $15.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 353 | $15.5M | $433,750 | $988,740 |
| 2023 | 348 | $14.6M | $394,734 | $940,144 |
| 2022 | 317 | $12.4M | $383,824 | $856,077 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES, INC. | INVESTMENT MANAGER | $21,197 | — | $21,197 |
| PENSERV PLAN SERVICES, INC. | RECORDKEEPER | $10,391 | — | $10,391 |
| PLANTE MORAN, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,588
- Estimated Expense Ratio: 0.204% 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 | $31,588 | $21,197 | $10,391 | — | — |
| 2023 | $35,906 | $24,912 | $10,994 | — | — |
| 2022 | $33,946 | $26,221 | $7,725 | — | — |