Plan Snapshot
- Plan Sponsor: Capital Area Food Bank
- Sponsor EIN: 521167581
- Sponsor Address: 4900 PUERTO RICO AVE NE, WASHINGTON, DC, 20017
- Plan Type: 401(k)
- Total Participants: 167
- Total Assets: $7.9M
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 | 167 | $7.9M | $973,697 | $776,190 |
| 2023 | 175 | $6.0M | $937,363 | $654,840 |
| 2022 | 163 | $4.1M | $808,806 | $517,440 |
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 |
|---|---|---|---|---|
| GELMAN, ROSENBERG, AND FREEDMAN, PC | 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 | $44,808 | $30,555 | $14,253 | — | — |
| 2023 | $24,124 | $12,981 | $11,143 | — | — |
| 2022 | $6,603 | — | $6,603 | — | — |