Plan Snapshot
- Plan Sponsor: Buchanan & Edwards, INC.
- Sponsor EIN: 522046626
- Sponsor Address: 8200 GREENSBORO DRIVE, SUITE 1100, MCLEAN, VA, 22102
- Plan Type: 401(k)
- Total Participants: 203
- Total Assets: $30.5M
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 | 203 | $30.5M | $338,453 | $1.6M |
| 2023 | 186 | $26.7M | $345,952 | $1.6M |
| 2022 | 185 | $23.9M | $314,218 | $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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $55,454 | — | $55,454 |
| MORGAN STANLEY SMITH BARNEY LLC | INVESTMENT ADVISOR | $50,736 | — | $50,736 |
| APRIO LLP | ACCOUNTANT/AUDITOR | $19,425 | — | $19,425 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MORGAN STANLEY SMITH BARNEY LLC — INVESTMENT ADVISOR
- APRIO LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $125,615
- Estimated Expense Ratio: 0.411% 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 | $125,615 | $50,736 | — | $19,425 | — |
| 2023 | $125,731 | — | — | $20,445 | — |
| 2022 | $127,457 | — | — | — | — |