Plan Snapshot
- Plan Sponsor: Cda Incorporated
- Sponsor EIN: 621478263
- Sponsor Address: 185 ADMIRAL COCHRANE DR, ANNAPOLIS, MD, 21401
- Plan Type: 401(k)
- Total Participants: 1,177
- Total Assets: $7.3M
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 | 1,177 | $7.3M | $776,505 | $829,102 |
| 2023 | 975 | $5.0M | $240,782 | $485,842 |
| 2022 | 804 | $4.6M | $314,003 | $408,815 |
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 | $69,055 | — | $69,055 |
| COMMONWEALTH FINANCIAL NETWORK | INVESTMENT ADVISORY | — | $16,428 | $16,428 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY | — | $16,428 | $16,428 |
| BARNETT-BARNETT ASSOCIATES, CPA'S | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- COMMONWEALTH FINANCIAL NETWORK — INVESTMENT ADVISORY
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,911
- Estimated Expense Ratio: 1.388% 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 | $69,056 | — | $69,056 | — | — |
| 2023 | $52,108 | — | $52,108 | — | — |
| 2022 | $50,059 | — | $50,059 | — | — |