Plan Snapshot
- Plan Sponsor: Armed Forces Benefit Association
- Sponsor EIN: 530209087
- Sponsor Address: 909 NORTH WASHINGTON STREET, ALEXANDRIA, VA, 22314
- Plan Type: 401(k)
- Total Participants: 199
- Total Assets: $49.1M
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 | 199 | $49.1M | $946,734 | $1.8M |
| 2023 | 189 | $44.7M | $765,739 | $1.7M |
| 2022 | 179 | $37.6M | $738,206 | $1.6M |
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 |
|---|---|---|---|---|
| JOHNSON LAMBERT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHNSON LAMBERT LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $9,478 | $3,263 | — | — | — |
| 2023 | $6,915 | — | $6,915 | — | — |
| 2022 | $6,181 | — | $6,056 | — | — |