Plan Snapshot
- Plan Sponsor: Artis Senior Living, LLC
- Sponsor EIN: 300718471
- Sponsor Address: 1651 OLD MEADOW RD, SUITE 100, MCLEAN, VA, 22102
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,148
- Total Assets: $33.3M
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. |
|---|---|---|---|---|
| 2025 | 1,148 | $33.3M | $0 | $0 |
| 2024 | 929 | $30.2M | $802,743 | $1.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $108,341 | — | $108,341 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $37,363 | $21 | $37,384 |
| WITHUMSMITH & BROWN PC | Other Service Provider | — | $21,736 | $21,736 |
| BLUE RIDGE ASSOCIATES | Recordkeeper | — | $20,923 | $20,923 |
| COASTAL PENSION SERVICES, LLC | Recordkeeper | — | $13,639 | $13,639 |
| ARTIS SENIOR LIVING, LLC | Other Service Provider | — | $9,469 | $9,469 |
| APRIO WEALTH MANAGEMENT, LLC | Investment Advisor | $8,040 | $4 | $8,044 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $219,536
- Estimated Expense Ratio: 0.659% 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 |
|---|---|---|---|---|---|
| 2025 | $4,077,364 | — | $153,745 | — | — |
| 2024 | $151,683 | — | $151,683 | — | — |