Plan Snapshot
- Plan Sponsor: Bloomberg Industry Group, INC.
- Sponsor EIN: 530040540
- Sponsor Address: 1801 S BELL ST, ARLINGTON, VA, 222024506
- Plan Type: DB
- Total Participants: 121
- Total Assets: $312.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 121 | $312.8M | $2.1M | $0 |
| 2023 | 145 | $309.4M | $3.5M | $0 |
| 2022 | 156 | $295.2M | $10.0M | $0 |
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 |
|---|---|---|---|---|
| PNC | Other Service Provider | $330,957 | — | $330,957 |
| WTW | Other Service Provider | $151,723 | — | $151,723 |
| APRIO LLP | Other Service Provider | $38,325 | — | $38,325 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $521,005
- Estimated Expense Ratio: 0.167% 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 | $1,805,337 | $526,389 | — | $38,325 | — |
| 2023 | $2,139,233 | $755,974 | — | $34,000 | — |
| 2022 | $2,268,745 | $933,788 | — | — | $1,334,957 |