Plan Snapshot
- Plan Sponsor: Atlantic Coast Mortgage, LLC
- Sponsor EIN: 611645461
- Sponsor Address: 4097 MONUMENT CORNER DRIVE, STE 600, FAIRFAX, VA, 22030
- Plan Type: 401(k)
- Total Participants: 271
- Total Assets: $33.7M
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 | 271 | $33.7M | $953,518 | $2.7M |
| 2023 | 274 | $27.4M | $694,733 | $2.5M |
| 2022 | 306 | $20.5M | $913,316 | $2.5M |
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 |
|---|---|---|---|---|
| SENTINEL BENEFITS GROUP, LLC | N/A | $49,093 | — | $49,093 |
| LION STREET ADVISORS, LLC | N/A | $44,000 | — | $44,000 |
| YOUNT, HYDE, BARBOUR, P.C. | N/A | $17,250 | — | $17,250 |
| MID ATLANTIC CAPITAL CORPORATION | N/A | $11,616 | — | $11,616 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SENTINEL BENEFITS GROUP, LLC — N/A
- LION STREET ADVISORS, LLC — N/A
- YOUNT, HYDE, BARBOUR, P.C. — N/A
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,959
- Estimated Expense Ratio: 0.362% 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 | $121,958 | $44,000 | — | $17,250 | — |
| 2023 | $102,526 | $43,210 | — | $5,000 | — |
| 2022 | $104,351 | $41,182 | — | — | $63,169 |