Plan Snapshot
- Plan Sponsor: Borger Management INC
- Sponsor EIN: 521383361
- Sponsor Address: 1111 14TH ST NW, WASHINGTON, DC, 200055603
- Plan Type: 401(k)
- Total Participants: 177
- Total Assets: $4.8M
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 | 177 | $4.8M | $216,906 | $369,306 |
| 2023 | 159 | $4.2M | $188,943 | $312,176 |
| 2022 | 164 | $3.7M | $154,144 | $233,819 |
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 |
|---|---|---|---|---|
| SELLECK ACCOUNTING & FINANCE LLC | 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 | $4,032 | $2,107 | $1,065 | — | — |
| 2023 | $4,522 | $1,801 | $1,861 | — | — |
| 2022 | $3,424 | $1,771 | $1,653 | — | — |