Plan Snapshot
- Plan Sponsor: Browngreer, PLC
- Sponsor EIN: 352175122
- Sponsor Address: 250 ROCKETTS WAY, RICHMOND, VA, 23231
- Plan Type: 401(k)
- Total Participants: 314
- Total Assets: $29.8M
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 | 314 | $29.8M | $1.2M | $1.8M |
| 2023 | 255 | $24.8M | $1.1M | $1.7M |
| 2022 | 311 | $19.1M | $767,269 | $1.6M |
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 | $114,217 | — | $114,217 |
| RAYMOND JAMES & ASSOCIATES, INC. | INVESTMENT ADVISORY | — | $51,179 | $51,179 |
| PBMARES, LLP | CONTRACT ADMINISTRATOR | $510 | $11,159 | $11,669 |
| ADAMS JENKINS & CHEATHAM PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RAYMOND JAMES & ASSOCIATES, INC. — INVESTMENT ADVISORY
- PBMARES, LLP — CONTRACT ADMINISTRATOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $177,065
- Estimated Expense Ratio: 0.593% 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 | $114,727 | $114,727 | — | — | — |
| 2023 | $93,190 | — | $93,190 | — | — |
| 2022 | $80,962 | — | $80,962 | — | — |