Plan Snapshot
- Plan Sponsor: Bowman Consulting Group, Ltd.
- Sponsor EIN: 541762351
- Sponsor Address: 12355 SUNRISE VALLEY DR., SUITE 520, RESTON, VA, 20191
- Plan Type: 401(k)
- Total Participants: 2,122
- Total Assets: $164.7M
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 | 2,122 | $164.7M | $5.0M | $15.5M |
| 2023 | 1,917 | $120.9M | $4.0M | $12.8M |
| 2022 | 1,525 | $88.5M | $2.9M | $9.0M |
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 |
|---|---|---|---|---|
| KATZ, ABOSCH, ET. AT., P.A. | 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 | $304,477 | $60,000 | — | — | — |
| 2023 | $237,681 | $52,000 | — | — | — |
| 2022 | $176,440 | $44,000 | — | — | $132,440 |