Plan Snapshot
- Plan Sponsor: Benefit Providers, LLC
- Sponsor EIN: 522010356
- Sponsor Address: 205 S WHITING STREET, ALEXANDRIA, VA, 22304
- Plan Type: 401(k)
- Total Participants: 528
- Total Assets: $7.4M
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 | 528 | $7.4M | $392,420 | $987,971 |
| 2023 | 297 | $5.7M | $302,147 | $784,755 |
| 2022 | 167 | $4.2M | $450,400 | $579,027 |
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 |
|---|---|---|---|---|
| COULTER & JUSTUS, PC | Auditor | — | — | $0 |
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 | $78,149 | $48,391 | $466 | — | — |
| 2023 | $67,631 | $34,890 | $262 | $16,000 | — |
| 2022 | $47,707 | — | $19,246 | — | $210 |