# Atlantic Shores Cooperative Association, INC. 401(k) Plan
Source: https://planprovider.pro/companies/atlantic-shores-cooperative-association-inc-401k-plan

> Atlantic Shores Cooperative Association, INC.'s 401(k) plan: 321 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Atlantic Shores Cooperative Association, INC.

- **Sponsor EIN:** 541801794

- **Sponsor Address:** 1200 ATLANTIC SHORES DR, VIRGINIA BEACH, VA, 234547311

- **Plan Type:** 401(k)

- **Total Participants:** 321

- **Total Assets:** $9.4M

## 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|321|$9.4M|$347,526|$667,186|

| 2023|291|$8.1M|$343,251|$612,001|

| 2022|275|$6.9M|$292,895|$544,075|

## 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|CONTRACT ADMINISTRATOR|$60,980|—|$60,980|

| TBS AGENCY INC|OTHER SERVICES|—|$18,195|$18,195|

| PBMARES, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [PBMARES, LLP](https://planprovider.pro/provider/pbmares-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $79,175

- **Estimated Expense Ratio:** 0.845% 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|$60,981|—|$60,981|—|—|

| 2023|$52,566|—|$52,566|—|—|

| 2022|$50,520|—|$50,520|—|—|

## Similar Plans

- [Covenant Woods](https://planprovider.pro/companies/covenant-woods-403b-plan) — 317 participants

- [Senior Living Choices Of Virginia, INC.](https://planprovider.pro/companies/senior-living-choices-of-virginia-inc-401k-plan) — 335 participants

- [Twenty 20 Management, INC.](https://planprovider.pro/companies/twenty-20-management-inc-401k-plan) — 342 participants

- [Westminster-Canterbury Of Winchester, INC](https://planprovider.pro/companies/westminster-canterbury-of-winchester-inc-403b-plan) — 347 participants

- [Williamsburg Landing, INC.](https://planprovider.pro/companies/williamsburg-landing-inc-403b-plan) — 424 participants

- [Community Residences, INC.](https://planprovider.pro/companies/community-residences-inc-403b-plan) — 447 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/atlantic-shores-cooperative-association-inc-401k-plan)

© 2026 PlanProvider.Pro